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South Dakota Continues to Lead the Nation in Public Pension Returns, Without the Need for Proxy Advisors
Institute for Pension Fund Integrity [IPFI] [Opinion] Feb. 17, 2021 "[U]nfunded liabilities remain the norm [for public pensions], with fund managers continuing to make politicized but underperforming investment decisions rather than prioritizing returns for beneficiaries.... South Dakota is a shining example, with a funding ratio of over 100 percent and investment returns that are 71 basis points stronger than the 60/40 index portfolio." |
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