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Florida's pension fund

20

March

An overly optimistic investment outlook could be setting up a pension collapse, but two new reports say scaling back could leave Florida taxpayers on the hook for billions.

That's because Florida and other states plan for what a growing number of economists and investors say is an unrealistic rate of return on their investments that hides the true cost of public pensions.

PDFs:
— Pension finance concepts
— State pension actuary letter

 Previous coverage:
— It paid to know pension boss
— A risky bet on boss' friend
— Managing a huge pot of public money

[Last modified: Sunday, March 20, 2011 9:01pm]

    

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