Retirement Fund Safe Says State Board
The State Investment Board reports cautious investments protected the Wisconsin 70,000 civil service pensions from market reverses. Executive director C Hayden Jamison notes the funds rose in value last fiscal year while the market fell 15 percent in eight months. Ninety percent of the fund is required to be in common stock.
Investment Board Shifts to Short-Term Ventures
Jamison says investors seek higher stock prices while the investment board suspects an overheated economy and pivots to short-term investments to manage risk and liquidity.
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Ers
Jamison
Orchid family plants span vast species and sizes
The largest flowering plant family is the orchid with 15 000 to 30 000 species. Orchids vary from ¼ inch to 20 feet tall and occur worldwide except in polar regions.
Doctor Former Addiction Patient Urges Unhampered Treatment
An anonymous doctor and former addict criticizes the medical field for not adequately treating addiction. He recounts early sobriety efforts, hospitalizations, legal troubles, and eventual entry into a methadone research program, noting a national doctor shortage and the need for noncoercive care.
Physicians at Risk as Addiction Toll Grows
The article warns that over the next five years several thousand practicing physicians could become addicts and be lost to society, their families, and themselves, a permanent loss for medicine despite its past miracles in controlling diseases.
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