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Public pension funds adopt cost-sharing mechanisms to stem volatility

JULY 18, 2018 | by Martin Z. Braun | BLOOMBERG

“… 'The goal of the model is to prevent any kind of damage or harm to the plan, due to the volatility in the markets,' Ms. Matheson said. 'Employer rates have always gone up and down with the market, but both employee and employer rates will now go up and down. They'll share in market risk.' …”

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