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No Smoke, No Mirrors: The Dutch Pension Plan
The New York Times 
Oct. 12, 2014 "Dutch pensions are scrupulously funded, unlike many United States plans, and are required to tally their liabilities with brutal honesty, using a method that is common in the financial-services industry but rejected by American public pension funds. The Dutch system rests on the idea that each generation should pay its own costs -- and that the costs must be measured accurately if that is to happen." MORE >> |
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