Add to ORKGA government has $1 million of stock in a pension fund that covers its employees. The liability can be matched with a $1-million dedicated bond portfolio. What are the consequences of shifting the pension fund from equities to bonds? The paragraph above duplicates the opening paragraph of The Case Against Stock in Corporate Pension Funds (Bader 2003), except that we have substituted a governmental plan for a corporate plan. Does this substitution matter
Defined Benefit (DB) pension risk management has traditionally focused on achieving a balance betwee...
Thesis (Ph. D.)--Massachusetts Institute of Technology, Dept. of Economics, 2004.Includes bibliograp...
After 2000, the vast majority of defined benefit (DB) pension plans encountered a decrease in their ...
In a company with defined benefit plans, pension assets often represent a sizable portfolio of finan...
Pension Risk and Corporate Investment: This paper studies the relation of systematic pension risk ...
Public pension funds that cover retirement benefits for almost 20 million active or retired employee...
This paper investigates the determinants of public pension plan risk-taking behavior using the perce...
State public pension plans, mostly defined benefit plans, cover pension benefits for 12.8 million ac...
Public pension funds that cover retirement benefits for almost 20 million active or retired employee...
Pension funds have been part of the private sector since the 1850\u27s. Defined Benefit pension plan...
Actuaries and sponsors of public sector defined benefit pension plans agree that each generation of ...
The asset allocation is a crucial decision for pension funds, and this paper analyses the economic f...
The funding policy for defined benefit pension plans covering government employees represents an imp...
Essay one examines the disciplinary role of corporate pension deficits (the difference in value betw...
State and local government pension funds lost nearly $1 trillion in net assets in 2007-08. Average p...
Defined Benefit (DB) pension risk management has traditionally focused on achieving a balance betwee...
Thesis (Ph. D.)--Massachusetts Institute of Technology, Dept. of Economics, 2004.Includes bibliograp...
After 2000, the vast majority of defined benefit (DB) pension plans encountered a decrease in their ...
In a company with defined benefit plans, pension assets often represent a sizable portfolio of finan...
Pension Risk and Corporate Investment: This paper studies the relation of systematic pension risk ...
Public pension funds that cover retirement benefits for almost 20 million active or retired employee...
This paper investigates the determinants of public pension plan risk-taking behavior using the perce...
State public pension plans, mostly defined benefit plans, cover pension benefits for 12.8 million ac...
Public pension funds that cover retirement benefits for almost 20 million active or retired employee...
Pension funds have been part of the private sector since the 1850\u27s. Defined Benefit pension plan...
Actuaries and sponsors of public sector defined benefit pension plans agree that each generation of ...
The asset allocation is a crucial decision for pension funds, and this paper analyses the economic f...
The funding policy for defined benefit pension plans covering government employees represents an imp...
Essay one examines the disciplinary role of corporate pension deficits (the difference in value betw...
State and local government pension funds lost nearly $1 trillion in net assets in 2007-08. Average p...
Defined Benefit (DB) pension risk management has traditionally focused on achieving a balance betwee...
Thesis (Ph. D.)--Massachusetts Institute of Technology, Dept. of Economics, 2004.Includes bibliograp...
After 2000, the vast majority of defined benefit (DB) pension plans encountered a decrease in their ...