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Stateline: A year after suffering record investment losses, many of the nations largest public pension plans are reporting double-digit percentage gains for the budget year that ended June 30.
Although the improved returns in fiscal 2010 did not wipe out the damage funds suffered in the previous two years, the figures confirm how the financial industry has been stabilized and liquidity has increased since the Wall Street crisis battered state pension plans.
| Tags: | Pension, Investment, Rate of return, Net present value |
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