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Moving the pension goalposts: 60 percent is the new 80 percent

NOVEMBER 30, 2017 | by Mary Pat Campbell | STUMP

By “meep,” includes “This is not my quarterly 80% fundedness update. This is driven by an incredibly stupid thing said by a politician (of whom I have little expectation) and by someone who really should know better. … 80% isn’t 'healthy,' and over 60% isn’t 'safe.' What happens if you get another market downturn? … 'Safe zone' Well, that’s a new one to me. Jeez, I’m going to add another hall to my 80% Funding Hall of Shame.” 

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