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CalPERS Members Live Longer, May Push Up Rates Further
Calpensions
Nov. 4, 2013
"After years of keeping employer rates low, CalPERS in April switched from an actuarial method that spread investment gains and losses over 15 years to a more direct method, boosting employer rates roughly 50 percent over the next seven years. Now the next phase of a CalPERS plan to reach full funding looks at three things that could push rates even higher: investment allocation, earnings forecast used to offset or discount pension obligations and demographic changes including mortality."
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