Daily Digest 12/20 – CalPERS Adopts New Asset Allocation, Net Pension Liabilities Continue Rising

Daily Digest 12/20 - CalPERS Adopts New Asset Allocation, Net Pension Liabilities Continue Rising
  • Moody’s: Net pension liabilities continue rising for 42 of 50 largest US local governments
  • CalPERS adopts new asset allocation increasing equity exposure to 50%
  • Plan to pad some N.J. politicians’ pensions keeps speeding ahead
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