Norway sees its stash as a pension fund.

挪威把这笔钱用作养老基金。

Some call it a pension fund of last resort.

有些人称其为“最后的养老基金”.

While no big pension fund is imperiled, Hackel writes more corporate cash will be have to be deposited in pension funds.

虽然还没有大的养老基金危在旦夕，海克写到，更多的企业会不得存入养老基金更多的现金。

And any pension fund investing in it is one that I will encourage all my friends to switch their pension out of.

我将鼓动我所有的朋友从所有在那里投资的养老基金会转出他们的养老金。

How to manage the public pension fund better has been a problem since it formed.

我国的养老基金形成以后，管理中存在的问题一直没有得到很好的解决。

At the same time, individuals need to hold their pension fund managers and state treasurers accountable.

同时, 个人需要使他们的养老基金管理者和州财务人员变得负有责任.

A pension fund doesn't have to advertise how great it is, maintain a 24-hour toll-free phone bank or mail out tens of thousands of prospectuses.

养老基金并没有宣扬它有多牛，保持了24小时的免费电话银行服务，并邮寄成千上万的招股说明书给投资者。

A pension fund doesn't have to advertise how great it is, maintain a 24-hour toll-free phone bank or mail out tens of thousands of prospectuses .

养老基金并没有宣扬它有多牛， 保持了24小时的免费电话银行服务，并邮寄成千上万的招股说明书给投资者。

“Transaction fees are a thorn in my side; monitoring fees are a knife in my head, ” one executive at a pension fund moaned at a conference last year.

一位养老基金的执行人在去年的一场会议中抱怨道:“交易费用对我来说如鲠在喉；监管费用则是悬于我头上的刀。”

Managers get paid on the size of the portfolios they run and on the basis of quarterly and annual performance - pressure that pension fund managers don't generally face.

共同基金的经理所获得的收益是根据他们运作的投资组合的规模，及其每个季度每年的表现而定的，这种压力是养老基金的经理人不会面临的。