Experts clash over how to calculate public pension obligations

09/10/2013 | BenefitsPro.com

A variety of interest groups and professionals are offering their views on how to best calculate the obligations of public pension plans, and they are coming up with wildly different numbers. Actuaries say they rely on standards established by the Government Accounting Standards Board, but unions suspect recent changes by the board are intended to build public support for taking away and scaling back benefits.

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