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Steep Slide in Pension Funds

Public pension funds had massive losses during the financial crisis. Performance for local jurisdictions in the last fiscal year:


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Steep Losses Pose Crisis for Pensions
Article | The financial crisis has blown a hole in the rosy forecasts of pension funds that cover teachers, police officers and other government employees, casting into doubt as never before whether these public systems will be able to keep their promises to future generations of retirees.

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