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NIRS issue brief: What role can annuities play in reducing public pension plan risks? |
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During the last decade, managing investment risk has posed challenges while life expectancies have increased. Yet, the NIRS issue brief, Retirement Security Risk: What Role Can Annuities Play in Easing Risks in Public Pension Plans?, indicates that most public DB pension have successfully managed investment, adequacy, longevity and inflation risks appropriately as described below.
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