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Subject:  Re: Proposal to end public pensions Date:  7/11/2013  9:25 PM
Author:  PolymerMom Number:  428543 of 465354

And the biggest problem with that is the government(s) can project 12% return on investments.

Corporations play the same game to avoid setting aside enough for their pension plans. Their incentive is to report better profits. Now that 401k plans have let them off that hook, there aren't too many pension plans left in private indutry.
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