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How Public Pension Plan Demographic Characteristics Affect Funding And Contribution Risk

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Source: Donald J. Boyd, Yimeng Yin, Rockefeller Institute of Government, December 2016

The Rockefeller Institute has introduced a Public Pension Stochastic Simulation Model that examines the year-by-year dynamics of pension fund finances. The model forecasts the long-term outcomes of specific plans with real-world characteristics under different investment return scenarios and funding policies. The report introducing the model is the third in a series focusing on the Rockefeller Institute’s Pension Simulation Project.
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