Archive: Madeline Medenica

Creative abstract money savings sketch on modern laptop monitor, accumulation and growth of money concept. 3D Rendering

The brief’s key findings are: During 2012, using current GASB standards, the funded status of public plans declined slightly from 75 percent to 73 percent. This decline reflected slow asset growth, which was only partly mitigated by reduced liability growth. States and localities also continued to fall short on their annual required contribution payments. Going…

Session,Of,Government.,Conference,Room,Or,Seminar,Meeting,Room,In

The brief’s key findings are: During 2011, the funded status of public plans slipped from 76 percent to 75 percent. This decline reflected slow asset growth due to actuarial smoothing, which was partly mitigated by an unexpected reduction in liability growth. Going forward, the funded ratio is projected to remain steady next year and then…