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Message
re: New York State Pension Value Rises to Record High $160.4 Billion
Posted on 5/14/13 at 7:12 am to HNTIGER1980
Posted on 5/14/13 at 7:12 am to HNTIGER1980
Says absolutely nothing about the state's funded status, which is being calculated with a ~8% discount rate.
That story looks like it was sent directly from the NYSCRF to Bloomberg.
That story looks like it was sent directly from the NYSCRF to Bloomberg.
2
Posted on 5/14/13 at 8:17 am to BennyAndTheInkJets
quote:
Says absolutely nothing about the state's funded status, which is being calculated with a ~8% discount rate
Guide me here, Im not a finance expert. What does that mean?
Posted on 5/14/13 at 8:55 am to BennyAndTheInkJets
quote:
Says absolutely nothing about the state's funded status,
I think that was the point. To imply that it was maybe even overfunded. It's a feel good story that I'm not buying. Especially in New York.
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