Stringent Standards Compel Public Pensions to Take on More Risk

Posted on 04/27/2013


As tougher government accounting standards take hold, underfunded public pensions are poised to pile on more investment risk in order to meet their lofty annual target return. State and local governments in the United States will modify how they compute and report the costs and obligations associated with pensions. Higher return targets enable public pensions […]

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