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Nearly half that sum is being spent to transform a million-square-foot former Ericsson plant bordering the campus into a new law school and a larger site for the church.
FORBES: Magazine Article
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Nearly half that sum is being spent to transform a million-square-foot former Ericsson (nasdaq: ERICY - news - people ) plant bordering the campus into a new law school and a larger site for the church.
FORBES: Prophets of Boom
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Since that sum represents half the fund's assets, this is clearly not an investment-led decision.
ECONOMIST: A tempting target for impoverished governments
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However, you may have the option of taking some of this pension as a tax-free lump sum when you retire, thereby reducing the annual pension you will receive thereafter to around half of your final salary.
BBC: purse and cash