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Please Don't Sue Us, We're Just the Actuaries
Burypensions Blog
[Opinion] Mar. 21, 2013
"[F]rom an actuarial funding perspective [the July 1, 2012 actuarial valuations for the New Jersey public retirement system] are a train wreck. Liabilities and contributions are grossly understated while the 'actuarial' value of assets is pure fiction. So how's an actuary to avoid getting sued? Here's how Milliman and Buck are coping."
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