Does a pound of cotton weigh more than a pound of lead? If you answered "yes," you may have what it takes to be a public-sector pension actuary. Andrew Biggs explains. And speaking of Biggs, here's his on-the-money critique of the decision by Calpers, America's largest public pension fund, to continue discounting its liabilities at an unreasonably high rate.
PublicSectorInc.org is a project of the Manhattan Institute's Center for State & Local Leadership.
Copyright © 2013 Manhattan Institute for Policy Research, Inc. All rights reserved.
52 Vanderbilt Avenue, New York, N.Y. 10017
phone (212) 599-7000 / fax (212) 599-3494
Copyright © 2013 Manhattan Institute for Policy Research, Inc. All rights reserved.
52 Vanderbilt Avenue, New York, N.Y. 10017
phone (212) 599-7000 / fax (212) 599-3494
Join the conversation