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Thursday, October 23, 2014

A deeply flawed pension idea

Candidly, I am not looking for more issues upon which to take a position. But my friends at the Urban Institute strongly support, and my friends at the Pension Right Center strongly oppose, a proposal by Senator Orrin Hatch for a SAFE Retirement Plan whereby public pension plans turn over the assets of their employees to insurance companies, who would do the investing, bear the risk, and ultimately pay the benefits.



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