November, 2016

17
Nov
2016

A Not-So-Rosy Update on CalPERS’ Funded Status

Categories: California Developments

Based on the FY 2015/16 investment return of 0.6 percent, far short of the expected rate of 7.5 percent, CalPERS’ overall funded status dropped to about 68 percent. Along with the decline in the funded status, employer contributions will eventually increase in the future to make up for another year of lower than expected returns. Higher employer contribution rates impose significant financial stress for some employers, which may increase the risk that employers will default and be unable to make regular contributions.

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16
Nov
2016

Plymouth County OPEB Trust Program – Designed for YOUR Needs

Categories: New England Developments,OPEB/GASB 45/75

In addition to serving Plymouth County, the Plymouth County OPEB Trust Program (PCOT) is an OPEB prefunding solution for three other counties in Southeastern Massachusetts – Bristol, Barnstable and Norfolk.

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