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Can Insurance Companies Save Public Pensions?
The Washington Post; subscription may be required Link to more items from this source
Sept. 11, 2014

"Does it make sense for local governments to turn over the assets of their employee pension plans to insurance companies, who would in turn make monthly payments to retirees? ... [The Urban Institute] gave the idea its top grade, saying it eliminates a troublesome financial risk for state and local governments, protects workers who change jobs frequently, and rewards young workers -- all while providing a steady stream of income for retirees."

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