Archive for September 23rd, 2010

Government Employee Pension Funds Face Bigger Shortfalls


Thursday September 23rd, 2010   •   Posted by David Theroux at 1:05am PDT   •   2 Comments

As reported in a new article for the Wall Street Journal, “Pension Gaps Loom Larger,” David Reilly notes that based on unrealistic return assumptions, the nation’s largest public employee pensions could face big shortfalls: “Many of America’s largest pension funds are sticking to expectations of fat returns on their investments even after a decade...
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