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Dear Actuary: Minimizing the impact of the market downturn

7 May 2020

My governmental pension plan’s assets have really taken a hit recently. I am already using asset smoothing as part of my funding policy. What else can I do to minimize the impact of the market downturn on my contributions? – Looking for ideas in Lakeview

Given the decline in the markets, now is a good time to take a look at your funding policy, your projected contributions, and some alternative options.

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