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Public Pension Funds to Face Calls to Set Realistic Targets for Investment Returns and Benefit Promises
Reuters Link to more items from this source
July 23, 2012

"Public pension funds are expected to report poor annual returns in the coming weeks, results that are likely to increase calls for more realistic retirement promises for teachers, police officers and other public workers. At least three of the nation's largest U.S. public pension funds have already announced returns of between 1 percent and 1.8 percent, far below the 8 percent that large funds have typically targeted."

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