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The Impact of Inflation on Public Pensions (PDF)
Segal via NCPERS PERSist 
Oct. 21, 2022 "Except for some COLA designs and potential investment impacts, periods of high inflation generally do not have a direct, immediate impact on public pensions. Typically, the effect is delayed and is based on other factors related to inflation; and may not have as great an impact on plan costs as the prices of goods and services." |
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