Washington - Securities Law
GFOA and Other Groups Move on Pension Funding Guidelines
Tuesday, November 20, 2012
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In response to new GASB standards, the Government Finance Officers Association wants to give state and local governments guidelines on how to craft sound pension funding policies.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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