AimPoint Pension
|
Compass
|
Bates & Company, Inc.
|
Loan & Distribution Specialist AimPoint Pension
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Regional Vice President of Sales The Retirement Plan Company
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
CalSTRS Trims Investment Forecast to 7.5%
Pensions & Investments Feb. 5, 2012
The change means the plan will need larger contributions from taxpayers, teachers, school districts, or a combination of all three, to cover pension costs. The fund had 71% of what it needs to pay future benefits as of June 30, 2010. Lowering the rate adds $5.9 billion to its $56 billion shortfall, according to Milliman, the fund's consulting actuary.
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |