The stock market's summer slide took a toll on public pension funds, with the assets of the 100...

|By:, SA News Editor

The stock market's summer slide took a toll on public pension funds, with the assets of the 100 largest down 8.5% in Q3, or $236.6B, the Census Bureau reports. The quarterly decline was the first since early 2010 and the steepest since Q4 2008. But as stocks have rebounded in Q4, it seems likely that pension fund holdings have bounced back as well.