Wisconsin Public Servant here....and I'm retired and receiving benefits.....should I be worried??

[Turbineguy]

3. My Union pension fund

at one time had it's assets managed by 5 firms. The way it was set up, funds would move toward the manager who performed the best, at the expense of the worst performer. The amount transferred was limited to 5% that way the incentive was still there. It worked out very well for the beneficiaries.