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Report Says Some Pension Funding Deeply Flawed; Federal Role Needed
The Bond Buyer Link to more items from this source
Jan. 16, 2014
"The report, by the Nelson A. Rockefeller Institute of Government, makes recommendations about how to fix the defined-benefit public pension system so that benefits are funded more securely. These include ensuring that pension funds and governments value liabilities using a discount rate that assumes a low risk that obligations will not be paid and pay realistic actuarially determined contributions."

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