| <img border="0" src="http://shivnath.c.googlepages.com/Google.JPG"/>Faulty Public Pension Accounting: A Problem too Big to Ignore - OpenMarket.org Posted: 28 Apr 2011 09:48 AM PDT |
Faulty Public Pension Accounting: A Problem too Big to IgnoreOpenMarket.orgAt the heart of the debate surrounding the appropriate discount rate assumption is whether states should calculate the current value of these long-term promises using an expected rate of return. In other words, if investment returns are disappointing ... |
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