More Pension Math

CA pension funds didn’t “lose money” in the Great Recession

Let’s say you purchased a S&P500 Index Fund on Sep 19, 2003 at $1,036:

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S&P 500 Index
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S&P 500 Index
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S&P 500 Index
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S&P 500 Index

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Lecturer at Stanford University and president of Govern For California

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