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Rhode Island Settlement and Shifty Actuarials
Burypensions Link to more items from this source
Feb. 17, 2014
"How do we know that these billions of dollars in savings will materialize and Rhode Island pensions will be saved? Because some actuaries said so in a report using methods consistent with industry standards including the three big lies of public pension actuarial prognostication: [1] We will get to 100% funding ... [2] One interest rate in perpetuity is fine ... [3] Being a member of the American Academy of Actuaries means something for public pension funding[.]"

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