The 100 largest public-employee retirement systems had $2.8 trillion in holdings and investments in the third quarter of 2012, a 2.6% increase from the same quarter last year and the highest level since the second quarter of 2008, according to a Census Bureau report.
Budget & Finance
Public Pension Holdings, Investments Up $2.8T in 3Q
DEC 20, 2012 12:55pm ET
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New York's budget leaves it at risk of becoming one of only five states that do not allow the use of design-build procurement to deliver public infrastructure projects.
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