Pensions
Study: Decline in DB Plans Widens Income Inequality Gap
NCPERS research found that increasing income inequality ‘degrades national economic growth.’
The loans yield around 10% yearly, a big enticement to investors, and borrower demand is high, according to Turning Rock Partners.
Study finds public pensions added $137.3 billion to state and local coffers in 2016.
NCPERS says pensions are resilient and shouldn’t be dismantled if underfunded.