Sunday, May 13, 2012

You don't suppose the 88%/35 years (when all other systems pay 77%) had anything to do with this, do you?

From John Curry, May 13, 2012 
There are five systems that serve 1.8 million Ohioans and invest $163 billion. But STRS, OPF and HPRS don’t have enough funding to pay off all their liabilities over a 30-year period as required by state law. The funding ratio shows what percent of liabilities could be paid off now. The funding period shows how long it would take to pay off the liabilities.
(Click image to enlarge.)
Source: Ohio Retirement Study Council..............................
Larry KehresMount Union Collge
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