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2016-06-15 — wgrz.com
``New York's $178 billion pension fund posted a mere 0.19 percent return on investments for the fiscal year that ended March 31, the lowest return since 2009, Comptroller Thomas DiNapoli announced Monday... DiNapoli has repeatedly lowered the fund's expected rate of return -- from 8 percent to 7.5 percent in 2010 and then again last year to 7 percent to limit the fund's volatility.'' -- They are not even close...
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