Yesterday, the City posted more details about the proposed pension plan. The plan commits the City to pension payments in
learn moreThose of you have who were regular readers of my column know that I am not a fan of straight
learn moreFair warning: This post is going to get way off in the weeds of the complex math that defined benefit
learn moreShare this article Fair warning: This post is going to get way off in the weeds of the complex math that defined benefit pension plans entail. So if you are a mathphobe you may want to skip to the next item in your inbox. Unfortunately, because defined benefit pension plans are such complicated financial arrangements, there
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