Asset Allocation
Record Returns Spur NY to Cut Assumed Return Rate to Below 6%
Employer contributions are also being reduced, while COLAs will be increased.
Tag: actuary
Pensions
New York City Mulls Lowering Investment Return Targets to 6.8%
A reduction would help the pension system better match projected investment returns.
Coronavirus - COVID-19
Actuarial Projections: Virus Might Cause ‘Meaningful’ Increase in Death Rate for Elderly
An extra 300,000 fatalities for seniors could raise the figure to 4.7% by year’s end.
Kentucky Retirement System’s Unfunded Liabilities Continue to Soar
Longer life expectancies and lower than expected employee turnover figures contribute to the state’s pension woes.