March, 2012

28
Mar
2012

Legislative Alert – March 2012

Categories: Legislative Updates

 

…CALPERS FINALLY LOWERS INVESTMENT FORECAST

CalPERS gave final approval in March to reduce its investment return forecast a quarter-point from 7.75% to 7.5%. CalPERS actuarial staff proposed lowering the discount rate to 7.25% but the Board of Administration decided

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