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Texas cities take on more pension risk than the rest of the country

MAY 6, 2019 | by Zachary Christensen | REASON FOUNDATION

Generally, analysis of public plans’ asset allocation over time shows a current trend towards more investment in less transparent and riskier categories. A recent set of data released by the Texas Pension Review Board indicates that Texas cities are not only a part of this trend but are diving into risk at an even higher rate than the rest of the country.

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