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How Should Public Pension Plans Invest?
Soto (2007) find that the share of state and local (S&L) plan assets held in equities has grown over time ... instead of at the 8 percent rate commonly used by S&L pension plans, measured 2005 liabilities would increase ...- Authors: Deborah Lucas, Stephen P. Zeldes
- Date: Jun 2010
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Pensions & Retirement>Pension investments & asset liability management; Pensions & Retirement>Public sector plans