New Research Series on Financial Economics
November 21, 2008
Earlier this month, NCPERS published a new Research Series paper titled The Advantages of Using Conventional Actuarial Approaches in Valuing Public Pension Plans. The publication makes the argument that current actuarial methods for valuing assets and liabilities in public pension plan are appropriate and that requiring new disclosures are not only burdensome, but also do not provide any new insight into the health of the plan. Furthermore, the new disclosures could lead some to believe the plan is in worse shape than it actually is.
To download the paper, please click here.