CalPERS adds investment scenarios to guide employers
The future of Californias public pension system, the nations largest, will most likely include higher employer contribution rates that will depend on just how much return its investments generate.
By Dan Berman|October 07, 2013 at 09:32 AM
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The future of California’s public pension system, the nation’s largest, most likely will include higher employer contribution rates dependent on how much return its investments generate, according to an annual CalPERS report.
The State & Schools Actuarial Valuation report, for the first time, included examples of how different investment returns would affect employer contributions. The authors added those projections so employers would have a clearer idea of future costs.
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