Public sector pensions assume record-high investment returns

Andrew Biggs  |  December 5, 2018

“'Public Pension Return Assumptions Fall to All-Time Low,' reads a recent headline in the trade journal Chief Investment Officer, which caters to state and local government pension advisers. In fact, nearly the precise opposite is the case: never before have public sector pensions assumed such high investment returns, and they have done so through actuarial sleight-of-hand that few outside observers would notice.”

Read the full article on: Forbes

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