Per the U.S. Census Bureau, there are more than 5,000 defined benefit public retirement systems in the U.S. for employees of state and local government.
The largest 75 systems account for more than 80% of all participants & assets. https://buff.ly/2jnrekc #muniland
Funding discipline and proper management #ProtectPensions for public employees.
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One of the advantages of a pension is that retirement income remains stable even when the market is declining. http://ow.ly/Rwz250LGlyg #retirement