Friday, September 05, 2008

Revisions Considered for Valuations Of Public Pension Fund Payouts - washingtonpost.com

Revisions Considered for Valuations Of Public Pension Fund Payouts - washingtonpost.com:
By David Cho
Washington Post Staff Writer
Friday, September 5, 2008; Page D02

The leading U.S. association of actuaries is considering a change to the way state and local officials value the cost of their pension promises, which could force governments to dramatically raise their contributions to their retirement plans."