In October, the commission heard testimony about changing the assumed rate of return on investments from 8.5% to a lower number (probably 8.0% but it Rep. King Banaian has sponsored a bill that would lower the rate to 7.5%); and it reviewed various hybrid pension plans being adopted around the nation. (A hybrid plan is part defined […]
Tag archives for income adequacy
Pension Commission Update: Interim Hearings Take on “Big Issues” in Preparation for the 2012 Session.
category: All Pension Reform, Collective Bargaining, Commentaries, Kim Crockett, Public Employee Pensions, Public Employee Unions
tags: Assumed Rate of Return, Hybrids, income adequacy, pension reform, Public Pensions, replacement income