It's something that NCPERS has been reporting for several years now, in the results of its annual survey of public pension plans. And as you might expect, it's been an uphill struggle to get the good news out when political figures high and low have been employing media-grabbing rhetoric to demonize public pensions as the root of state and local economic ills since the Great Recession blindsided all of us in 2008.
Three new studies are proving our point: while, like all institutional investors, public pension plans were hit hard by the Great Recession, they have experienced a robust recovery due to increasing market returns and operational reforms.
These research findings should be made required reading for anyone and everyone in public office:
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