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GRANT DETAIL

Funder

Smith Richardson Foundation

Recipient

Third Millennium: Advocates for the Future, Inc.

Date: 12-31-1995

Amount: 44,800

Comment: Local Solutions to a National Program: How State and Municipal Pension Plan Systems Offer Prototypes for Social Security Reform
This grant supports a research monograph on state and municipal pension plans in order to enhance the quality of debate over Social Security reform. The project will analyze the performance of seven state or municipal employee pension funds whose participants were allowed to direct their Social Security contributions into pension funds that invested in private debt and equity markets.