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What Explains Differences In Public Pension Returns Since 2001?
FYI: Two key factors underlying the funded status of pub- lic pensions are the payment of the annual required contribution by plan sponsors and the investment return earned on pension fund assets. To date, CRR studies have focused on the importance of making the full payment of an appropriately set annual required contribution – highlighting how inadequate contribu- tions can undermine funding progress. However, given that most public pension funds rely heavily on investment returns to fund future benefits, a key com- ponent of their long-term sustainability is the ability to achieve adequate return Regards, Ted http://crr.bc.edu/wp-content/uploads/2018/07/slp_60.pdf
