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Many Still Use Ponzi-Like Accounting, But Pension Funds Are Not Ponzi Schemes
Governing 
[Opinion] Mar. 18, 2011 [I]t is not the pension fund itself that is a Ponzi scheme. It is the plan's accumulation of unfunded liabilities that are not fully prepaid before current workers retire that constitutes a Ponzi account within the pension fund. MORE >> |
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