Benchmark trends among large public defined benefit pension plans

Asset class benchmarks have a vital role for trustees and pension fund staff. Pensions & Investments collected benchmark usage information from the annual reports, investment policy statements and direct contact of the 50 largest public defined benefit plans in the U.S. This executive summary provides commentary and information on benchmark usage of the funds by main asset classes. The 50 plans oversee more than $2.4 trillion in assets.

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