Time value of money invested over estimated

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Many public pension programs in the US have had, or are projected to have significant funding shortfalls. Find an example of a current public pension program that may have significant funding issues, summarize the problems, and send a link to the sources of your information. What errors in analysis or judgment might have been present which led to the problem? For example, was breakeven analysis lacking or the time value of money invested over estimated?

Reference no: EM133045192

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