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One Bad Year? Comparing the Long-Term Public Pension Fund Returns Against Assumptions  

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2 days ago

As I noted a few weeks ago, we’re getting the reports on pension fund fiscal year results on the asset side.

WSJ: Market Rout Sends State and City Pension Funds to Worst Year Since 2009

Public pension plans lost a median 7.9% in the year ended June 30, according to Wilshire Trust Universe Comparison Service data released Tuesday, their worst annual performance since 2009 and a fresh sign of the chronic financial stress facing...

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