Reference is frequently made to the pool of pension fund assets that could be tapped to alleviate budgetary shortfalls, for example in the context of prescribed assets.
It has also been observed in passing that irregular investments by the Public Investment Corp have no impact on public employees as most (if not all) public sector pension funds are structured as defined-benefit plans, where investment risk is borne by the employer — that is, the state or state-owned entity...
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