15.06.2012 - Pensions blowout a risk to Future Fund, AAA rating

The government estimated public service superannuation liabilities at $139bn in May; these were partly offset by $77bn of assets in the Future Fund. But the government is assuming a 6 per cent rate of return on safe assets, a far cry from yields of 3 per cent observed on commonwealth government bonds this week...............................................Full Article: Source

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