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Mixed news on retirement plans: School employee fund OK; plans for judges, State Patrol need help
http://www.omaha.com/article/20131118/NEWS/131118694/1707#mixed-news-on-retirement-plans-school-employee-fund-ok-plans-for-judges-state-patrol-need-help
Published Monday, November 18, 2013 at 3:24 pm / Updated at 3:24 pm
LINCOLN — Legislative fixes and better investment returns yielded good news for the school employee retirement plan Monday.
Together, they mean the state won’t need additional money to keep the plan healthy, according to Pam Beckham, an actuary with Cavanaugh Macdonald Consultants.
But the retirement plans for judges and the State Patrol will need infusions of funds to balance projected assets with projected liabilities.
The judges plan needs another $835,000, while the patrol plan needs about $4.7 million, Beckham said.
FULL story at link.
