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Oregon

TexasTowelie

(112,056 posts)

2. To compound the misery there are a few states that have realized that their assumed rate of return

Reply to Yupster (Reply #1)

Thu Aug 9, 2018, 05:10 AM

Aug 2018

on the stock market is too high and they are adjusting that to a lower rate. However, it also means that the employees become responsible for contributing an increased amount from their paychecks. Instead of having an issue that is deferred to future, it becomes an issue that has a current economic impact.

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Highlight:

Oregon's $22 billion pension hole: How did we get here? [View all] TexasTowelie Aug 2018 OP

The biggest problem is the assumption Yupster Aug 2018 #1

To compound the misery there are a few states that have realized that their assumed rate of return TexasTowelie Aug 2018 #2

We've Averaged 8% over the past 30 Years Abnredleg Aug 2018 #4

Magnifiy that with the same Social Security problem --- inadequate contributions. 3Hotdogs Aug 2018 #3

The long-term issues HAVE been addressed Thunderbeast Aug 2018 #5