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October 28, 2008 · 4:57AM

Public Pension Funds Lose 14.8% In 2008

Northern Trust estimates that U.S. public pension funds have dropped 14.8% in value this year as volatile stock markets roiled portfolios.  The declines comes as 27 of the 65 largest pension funds still try to recover deficits from the 2001 downturn. (Washington Post)

Categories: Business & Finance Today · Financial Services · Markets, Economic News

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