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Seeing Through the Pension Transparency Act
Cypen & Cypen Link to more items from this source
Apr. 7, 2011

[Paul] Zorn concludes that rather than providing meaningful measures, the proposed legislation could create a distorted picture of pension liabilities, driven largely by changes in the 30-year Treasury bond yields and, rather than providing transparency, the measures would likely create confusion among decision-makers, potentially leading to abandonment of public pension plans.

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