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Orange County, California, Grand Jury Recommends Replacing Pension Plan with DC or Hybrid
Pensions & Investments Link to more items from this source
June 20, 2016
"The report ... said the county should 'conduct a thorough analysis including the financial impact' of implementing a defined contribution or a hybrid plan ... Other recommendations include that the county should oppose OCERS' relaxing any of its actuarial assumptions and that OCERS should reduce the pension plan's unfunded liabilities in order to reach a funded status of 80% from its current level of 70%."

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