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Arguments for public pensions to invest in market instruments include: Inducement to higher contribution premiums Attractive returns can be found as funds transit from pay-as-you-go systems. Government policies are decreasing the retirement age. Savings need to derive from contributions premiums and investment returns. Both B and D .

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Arguments for public pensions to invest in market instruments include: Inducement to higher contribution premiums Attractive returns can be found as funds transit from pay-as-you-go systems. Government policies are decreasing the retirement age. Savings need to derive from contributions premiums and investment returns. Both B and D Inducement to higher contribution premiums Attractive returns can be found as funds transit from pay-as-you-go systems. Government policies are decreasing the retirement age. Savings need to derive from contributions premiums and investment returns. Both B and D

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