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Pew Misleads States by Pushing Cash Balance Plans
National Public Pension Coalition [NPPC] 
[Opinion] Aug. 4, 2017 "Pew trumpeted the adoption of the cash balance plan as a 'successful public pension reform.' In reality, though, moving to a cash balance plan has failed to fix the problems facing Kentucky's public pension systems. Rather than improving the 'fiscal health of the pension system by billions of dollars,' Kentucky's pension funding level has continued to fall.... [C]hanging the plan design didn't solve the true problem: mismanagement by the state." MORE >> |
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