Randall & Hurley, Inc.
Loren D. Stark Company
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|GASB 68 Numbers for New Jersey|
Dec. 21, 2015
"What GASB 68 calls for is determining a net pension liability by comparing liability values to assets with a lower interest rate applied to the liability calculation of the underfunding.... The first set of GASB 68 reports just came out for the New Jersey plans ... [T]he new number turns out to be: $113 billion ... Latest reported asset value is $74 billion."
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|