TITLE

Pension Plans With 100% Funding? Now That's a Good Ratio

AUTHOR(S)
DeSue, Tedra
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/30/2006, Vol. 355 Issue 32350, Special section p58
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article provides an overview of the fiscal condition of Georgia. Georgia Treasurer Dan Ebersole explains that the pension obligations will be the next challenge that the state has to content with. He adds that the state registered a 15.5 percent increase in revenues. The defined-benefit pension plans for state workers, Employees' Retirement System and Teachers' Retirement System have funding ratios of more than 100 percent at the end of fiscal 2003.
ACCESSION #
20409240

 

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