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Public Pension Crisis: Role of the Actuarial Profession
miracle (e.g., a doubling of default-free rates and the S&P 500 Index) provide a deus ex machina? More likely ... PROBLEM—MISMEASUREMENT In 2008, the vice-chair of the U.S. Federal Reserve, speaking to public pension plan ...- Authors: Jeremy Gold
- Date: Jan 2016
- Competency: Professional Values>Public interest representation
- Publication Name: In The Public Interest
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Standards of practice; Pensions & Retirement>Public sector plans
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The Case Against Stock in Public Pension Funds
increase the taxpayer’s Federal income taxes. The U.S. taxes bonds more highly than equities and gives ... portfolio by half the amount indicated in the table, and the tax disadvantage of the pension fund equity ...- Authors: Lawrence N Bader, Jeremy Gold
- Date: Oct 2004
- Competency: External Forces & Industry Knowledge
- Topics: Economics>Macroeconomics; Enterprise Risk Management>Risk measurement - ERM; Pensions & Retirement>Public sector plans