Projective funding limits the manager's discretion, allowing only investments that match future payouts.
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Q10: A defined-benefit plan provides benefits that are
Q11: With a _ funding strategy, investment decisions
Q12: To deal with the problem of underfunded
Q13: If pension fund investment decisions are made
Q14: Investing in a bond index portfolio is
Q16: Underfunded pension plans are primarily a problem
Q17: A pension fund manager might hedge against
Q18: Pension funds whose contributions are dictated by
Q19: A pension plan that provides benefits that
Q20: Pension funds managed by life insurance companies
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