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| GASB 68 Numbers for New Jersey Burypensions  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." |
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