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Should Public Plans Pay for Performance?
Pension Pulse Link to more items from this source
[Opinion]
Dec. 18, 2012
"At the end of the day, public pension funds should pay for risk-adjusted performance and make sure that this performance is based on clear targets and there's no gaming of benchmarks. [Boards] of directors have a duty to make sure compensation is fair, clear, transparent and in the best interests of all stakeholders. They should also be aware of what is going on in the private sector and adjust compensation accordingly."

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