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View Diary: House GOP intend to destroy public employee unions (364 comments)

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  •  OK, good point - (0+ / 0-)

    The group plans are good for managing longevity risk (but not necessarily market risk).

    Insurance companies sell annuities that do the same, but they take a share of the return to manage the risk.  Maybe not the best deal going.

    I still don't know how else to handle unfunded pension liabilities, other than to shift the risk to employees.  This doesn't mean discontinuing pension contributions - just shifting the market risk.

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