Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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Public Pensions Underreporting Liabilities?
Pension Pulse [Opinion] Oct. 16, 2012
"[T]his study is good news as it demonstrates that the discrepancy between what was reported and what Milliman found wasn't significant. Nonetheless, it also demonstrates that too many US public pension plans are still using an unrealistically high discount rate based on rosy investment projections.... The pathetic state of state plans is far more complicated issue and requires not only a rethink on the discount rate, but also a wholesale change in pension governance and states to top up their public pension plans[.]"
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