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Rising Returns Give U.S. Public Pension Funds Chance to Reform
Reuters 
Aug. 22, 2013 "A raft of pension reforms since the financial crisis by many U.S. state and local governments have not repaired their pension debt, a factor in the bankruptcies of Detroit, Michigan, and the California cities of Stockton and San Bernardino. A 20 percent gain on the U.S. stock market in the twelve months to June is, however, alleviating acute funding gaps in many areas." MORE >> |
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