CONNECT WITH WMAY
Sean Hannity Sean Hannity
7:00pm - 10:00pm
The Sean Hannity Show

Contact Me

My Blog

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Google
Custom Search
September 18, 2014, 8:48 pm
Breaking News


The Council Roundup

The Council Roundup, Wednesdays at 10 with Bishop On Air

 


Calendar
970 WMAY News

TRS Consultant Calls for More Conservative Return On Investment Calculations


It may get even tougher to make the numbers work on any pension deal.

 

The Teachers Retirement System says its consultant is recommending that the pension system adopt more conservative estimates on its return on investments in the years to come.

 

TRS currently assumes an 8.5% rate of return, which is higher than many pension systems around the country are estimating.

 

If the fund opts to assume a lower rate of return, it would be required to reduce benefits or seek even more taxpayer dollars to make the math add up.

 

TRS officials will decide in September whether to follow the consultant’s advice, and if so, by how much.

News Video

On Air Video


Facebook Fans


@WMAYSpringfield
LinkedUpRadio Envisionwise Web Services