Law Practice
Feb. 25, 2012
Pension board accounting questioned
Daily Journal Staff Writer
By adopting rosy investment outlooks, public employee pension boards have grossly overstated the health of California's largest municipal retirement systems.
That's among the controversial conclusions of a study published this week by the Stanford Institute for Economic Policy Research. Assuming a more conservative rate of return on pension investments, the report says, reveals the systems are mo...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In