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America's Pension Funds Fell Short in 2019
I got tired of all the winning a long time ago.
MARKETS
America’s Pension Funds Fell Short in 2019
Public plans with more than $1 billion in assets earned a median return of 6.79% for the year ended June 30, the lowest since 2016
By Heather Gillers
https://twitter.com/hgillers
HEATHER.GILLERS@WSJ.COM
Aug. 6, 2019 8:00 am ET
Public pension plans fell short of their projected returns this year, adding to the burden on governments struggling to fund promised benefits to retired workers.
Public plans with more than $1 billion in assets earned a median return of 6.79% for the year ended June 30, the lowest since 2016, according to Wilshire Trust Universe Comparison Service data released Tuesday. Public pension plans project a median long-term return of 7.25%, according to data collected by Wilshire Associates in 2018.
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America’s Pension Funds Fell Short in 2019
Public plans with more than $1 billion in assets earned a median return of 6.79% for the year ended June 30, the lowest since 2016
By Heather Gillers
https://twitter.com/hgillers
HEATHER.GILLERS@WSJ.COM
Aug. 6, 2019 8:00 am ET
Public pension plans fell short of their projected returns this year, adding to the burden on governments struggling to fund promised benefits to retired workers.
Public plans with more than $1 billion in assets earned a median return of 6.79% for the year ended June 30, the lowest since 2016, according to Wilshire Trust Universe Comparison Service data released Tuesday. Public pension plans project a median long-term return of 7.25%, according to data collected by Wilshire Associates in 2018.
...
TO READ THE FULL STORY
SUBSCRIBE
SIGN IN