Relevant:
- CalPERS earns 1.1% on investments in 2011
- Calpers Earns 0.6% as Long-Term Returns Trail Fund's Target (FED LOVE FAILS TO SPREAD AROUND WELL?!)
- California pension funds close to bankruptcy
- Calpers To Report Losses of 103% on its Residential Investments
- Calpers Pension Plan Reports 1% Return; Continues to Assume 7.5%
2012-01-25 — blogspot.com
``Pension plans rebounded sharply in 2009 and 2010 from the devastating losses in 2008. However they never got back to even. 2011 was another poor year, and in spite of the start to 2012 I expect this year and/or next year to suffer more losses, or alternatively the market to limp along with no gains for a number of years.
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