Tag: pension benefit
![Saving and pension planning](https://crr.bc.edu/wp-content/uploads/2022/11/state_and_local_pensions_1-1536x1024.jpg)
The brief’s key findings are: What rate to use to discount public pension liabilities is a hot topic. The Government Accounting Standards Board recommends the estimated return on pension assets – about 8 percent. Economists generally argue for a riskless rate – about 5 percent. Reducing the discount rate would raise the unfunded liability by…