Posts Tagged: munnell

News

Huge public pension losses could be offset by reforms

A nationwide study, including CalPERS and CalSTRS, projects that huge pension fund losses during the financial crisis will be offset over three decades by a wave of recently enacted cost-cutting reforms — but only if several things happen.

 

–Pension fund earnings forecasts must hit their target. Critics say the forecasts, 7.5 percent a year

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