nola.com Matt Sledge
After years of losing money on risky ventures, the New Orleans firefighters pension fund is making sounder investments, according to a new report from Inspector General Ed Michel’s office.
Yet while it’s climbing out of its financial hole, the pension fund still hasn’t met all of its promises in a 2015 legal settlement with the city over funding, such as creating an advisory board and providing semi-annual reports to the City Council, the IG said.