http://calpensions.com/2009/10/30/battle-over-costly-pension-rule-proposal-3/ CalPERS, CalSTRS and other government pensions Sat, 04 Feb 2012 10:27:25 +0000 hourly 1 http://wordpress.com/ http://calpensions.com/2009/10/30/battle-over-costly-pension-rule-proposal-3/#comment-3081 Fri, 30 Oct 2009 16:55:08 +0000 http://calpensions.com/?p=2012#comment-3081 Regardless of whether a “risk-free” calculation is used, lowering the projected returns makes sense. If lowered projections underestimate the actual returns that are realized, that seems like less of a problem than the other way around.

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