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Tags: Current Focus, United States,
Public pension funds in the U.S. have over 70% invested in stocks, and expect returns of close to 8% or higher, even though experts say a return of 5.9% is what can be expected for a portfolio of 70% stocks, 30% bonds for the next 10 years. Most public pension funds do not see the required contributions made each year, building up problems for the future.
Grouped Articles
The Public Pension Funding Trap
Wall Street Journal 06/01/2015
Public Pension Funds Roll Back Return Targets
Wall Street Journal 09/05/2015
Giant California Teachers Pension, Calstrs, Posts Worst Result Since 2008 Crisis
WSJ 07/19/2016
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