"Capitol Update" piece on a reduction of the unfunded liability for the state re

Authors

Mal Leary

Source

Mainebiz

Date

5-2-2011

Pages

12

Abstract

"Capitol Update" piece on a reduction of the unfunded liability for the state retirement system. By changing assumptions about the determination of what the state must pay into the system based on the anticipated inflation rate and future use of the system, the unfunded liability has been reduced from $4.3 billion to $4.1 billion.

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