IPERS’ unfunded pension liabilities rise to nearly $7 billion
BPC Staff Dec 8, 2017 | 5:06 pm
<1 min read time
58 wordsAll Latest News, Government Policy and Law, Insurance, Statewide NewsDes Moines Register: The unfunded liability of Iowa’s largest public employees’ pension fund has increased to almost $7 billion amid recent actuarial changes that reflect lowered expectations for future investment gains, according to a report issued Thursday. The changes are one factor behind higher contribution rates for the Iowa Public Employees’ Retirement System starting July 1, 2018.
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