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Stock Market Volatility Raises Risk For U.S. Public Pension Funds

TedTed
in The Bullpen
FYI: Recent stock market volatility could sting some U.S. public retirement funds in the short term and lead to bigger state and local government contributions in the event of a prolonged market downturn, pension analysts said on Tuesday.

The portfolios of some funds have bulked up on riskier and more volatile investments over the past eight years, Eileen Norcross, senior research fellow at the Mercatus Center at George Mason University, said.
Regards,
Ted
https://www.reuters.com/article/us-usa-stocks-municipals-pensions/stock-market-volatility-raises-risk-for-u-s-public-pension-funds-idUSKBN1FQ3AJ
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