Tag: decline in assumed returns
![fund manager review Mutual Fund information with performance line graph and benchmark with pen calculator and computer laptop](https://crr.bc.edu/wp-content/uploads/2019/07/fund-manager-review-Mutual-Fund-information-with-performance-line-graph-and-benchmark-with-pen-calculator-and-computer-laptop-1536x1024.jpeg)
Much less than you would think. Many state and local pension plans have lowered their long-term investment return assumptions in the wake of the financial crisis. Such a change is generally viewed as a positive development for pension funding discipline, bringing assumptions more in line with market expectations and forcing plan sponsors to increase annua…