Asset Allocation
Record Returns Spur NY to Cut Assumed Return Rate to Below 6%
Employer contributions are also being reduced, while COLAs will be increased.
Tag: actuary
Pensions
New York City Mulls Lowering Investment Return Targets to 6.8%
A reduction would help the pension system better match projected investment returns.
Coronavirus - COVID-19
Actuarial Projections: Virus Might Cause ‘Meaningful’ Increase in Death Rate for Elderly
An extra 300,000 fatalities for seniors could raise the figure to 4.7% by year’s end.
Kentucky Retirement System’s Unfunded Liabilities Continue to Soar
Longer life expectancies and lower than expected employee turnover figures contribute to the state’s pension woes.
New Actuary Rule for Assessing Pension Risk Kicks In
ASOP 51 requires looking at potential risks to plan’s future financial condition.
Don’t Get Too Excited over Lower Life Expectancies
Report says actuaries shouldn’t reverse mortality expectations despite recent data.