Posts Tagged: peer

News

Dissident actuaries target pension debt

CalPERS' governing board during a 2013 meeting. (Photo: CalPERS board)

Two actuarial associations did not publish a controversial paper by their joint task force, reflecting a split in the profession over whether public pension debt should be measured with risk-free bonds or the earnings forecast for stock-laden investment funds.

News

Calpers: Average service, high costs

Calpensions: A new comparison with four other large public pension funds found that CalPERS, while scoring average on service, had high pension administration costs — $213 per member a year, nearly twice the average of $108 per member.

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