August, 2015

12
Aug
2015

PARS Partnering with Community College League of California

Categories: California Developments,Pension Rate Stabilization

PARS is partnering with the Community College League of California to offer the PARS Pension Rate Stabilization Program (PRSP), an innovative IRC Section 115 irrevocable trust designed to pre-fund pension costs and offset GASB 68 Net Pension Liabilities (NPL). The PARS PRSP allows your district to securely set aside funds, separately and apart from STRS and PERS, in a tax-exempt funding vehicle to mitigate long-term contribution rate volatility.

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07
Aug
2015

Higher Fees Are Fruitless for Pension Funds, Think Tank Says

Categories: National Developments

According to a new study by conservative Maryland Public Policy Institute (MPPI), state pension funds that paid the highest in fees recorded inferior average returns than those with the lowest fees over five years ending June 30, 2014—a period that encompasses one of the strongest bull markets in history.

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