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gears with pension funds Sponsors of public pensions made cuts to try to salvage their funded ratios, but this may have also hurt recruiting competitiveness. (Photo: Shutterstock)

Cuts to public pensions could be having a negative impact on governments’ ability to compete with the private sector in recruiting top workers.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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