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We consider design of a phase-locked loop (PLL) that runs in conjunction with a phase-compensating channel detector capable of tracking and compensating for slow-varying phase errors. The main significance of this highly nontraditional timing recovery structure is that unlike the traditional PLLs, the loop's overall tracking ability and the steady-state jitter performance can be controlled more or less separately. The effective bandwidth of the PLL is set much lower than the traditional PLL for given input phase error fluctuations. As a result, the PLL jitter is made considerably smaller than traditional systems. On the other hand, the tracking ability of the overall loop depends largely on the window parameter associated with the phase estimator operating inside the Viterbi-like trellis detector. The window parameter has only a small effect on the loop jitter. The new PLL design is tested via tracking speed, timing jitter and error rate performance comparisons against a timing recovery method based on traditional PLL design. Simulation results in a turbo equalizer setting are also presented that validate the new PLL design methodology proposed.