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California Public Employees' Retirement System Experience Study, 1997 to 2007 (PDF)
CalPERS 
Apr. 22, 2010
69 pages. Excerpt: The purpose of this experience study is to compare the actual experience of the system against the current recommendations and to recommend new actuarial assumptions for rates of decrement and salary increase. The report presents the results of the experience study ofplans that participate in the California Public Employees Retirement Fund (State, schools and public agencies). The report is derived from data collected during fiscal years 1997 to 2007.
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