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The Public Pension Problem Is Much Worse Than It Appears
Investor's Business Daily 
[Opinion] July 25, 2016 "Most state and local pension funds closed the books on their latest fiscal year on June 30, and during that 12-month period the bellwether Standard & Poor's 500 increased by less than half a percentage point. While many funds have yet to report their results for the year, early returns suggest that the industry fell well short of its lofty investment goals." MORE >> |
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