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Thanks.
I’m also getting confused with time horizon for pension funds – let’s say duration of plan liabilities is less than 10y and avg age of workforce is 50, how would that go? How much does the duration of plan liabilities weigh-in versus workforce/plan characteristics?
As long as the plan is a going-concern you have to consider the long-run.. not sure how to simply group everything into only 1 bucket..or is it not necessary to choose just one?

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