Young People Should Favor Low Discount Rates
From The Aleph Blog
December 1, 2012 - 11:17pm
Where should the discount rate for liabilities on a defined benefit pension plan be set? This sounds like a boring issue that should be solved by bureaucrats or actuaries. And yes it *is* boring, though nerds like me have a keen interest in the topic. Here’s the issue, who should bear the costs? Should it [...]
December 1, 2012 - 11:17pm
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