NJ Makes Faulty Projections

October 2006
Investment Management Weekly;10/23/2006, Vol. 19 Issue 40, p1
The article reports on the faulty projections for the New Jersey Public Employees' Retirement System. The amount needed by the system to cover its expenses is cited. The faulty assumptions include the death of retirees covered by the plan over the past three years and that many would quit before being qualified for retirement benefits.


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