What Ponzi Scheme? Public Pensions Average 0.6% Return In 2016 Despite 7.6% Assumption
August 03, 2017 at 05:26 AM EDT
As part of their study, Boston College reviewed 170 public pension plans in the U.S. and found that their average 2016 return was an abysmal 0.6% compared to an average assumed return of 7.6%.