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Coronavirus Is the Tipping Point That Just Upended Pensions

They bet big, they lost, and if they don’t get bailed out, checks to retirees will start bouncing soon

Photo: Chandan Khanna/Getty Images

AA pension is designed to be the most boring investment imaginable. Here’s how it’s supposed to work: Every paycheck, some of your money gets automatically invested in a fund. When you retire…

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