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Public Equities Spur Rise in State Pensions’ Funded Status
Funded levels for US public pension funds rose nearly 2 percentage points to 78.2% during the second quarter.
Funded levels for US public pension funds rose nearly 2 percentage points to 78.2% during the second quarter.
Although liabilities climb, shortfalls shrink by $58 billion.
NC State report finds “unscrupulous accounting” practices widespread among state pension plans.