Reducing Pension Costs Is Key for States, Loop Report Says

State and local contributions to pension plans and their level of funded ratios were down in 2011, but many governments enacted important reform measures to fix their pension problems, Loop Capital Markets found in its 10th annual Public Pension Funding Review. However, employees and retirees are legally fighting these reforms in many states, posing concerns for investors, the firm warned.

- Bond Buyer

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