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Rising Cost of Government Employee Retirement Plans Is Untenable in Some States
Pension Pulse 
[Opinion] July 31, 2020 "In Canada, some of the most successful public pensions ... have all adopted a form of risk sharing ... When times are tough, they will partially or fully remove inflation protection for a brief period and typically restore it retroactively when their plan is fully funded again. This ensures intergenerational equity between active and retired members of the plan and it ensures that as more and more members retire, the risk of the plan is borne by active and retired members." |
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