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Pension Gaps Loom Larger.
- Source :
-
Wall Street Journal - Eastern Edition . 9/18/2010, Vol. 256 Issue 67, pA1-A2. 2p. 2 Charts. - Publication Year :
- 2010
-
Abstract
- The article reports that several large U.S. pension funds risk encountering substantial shortfalls due to assuming rates of return that are unrealistically optimistic. On average, the 15 largest public pension systems expect to realize a 7.8% annual return on their investments. Since 1999 the Dow Jones Industrial Average has realized essentially no gain.
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 256
- Issue :
- 67
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 53753333