by Jeff Chang | Jun 17, 2019 | Investments, Pension
To prepare for and manage significantly increased CalPERS employer contribution rates in the coming years, California public agencies approved the establishment and funding of so-called “pension rate stabilization trusts.” Clients have asked for...
by Jeff Chang | Jan 18, 2018 | Pension, Retiree Health
Substantial confusion exists about whether the assets of an Internal Revenue Code section 115 trust created to fund pension or OPEB (retiree health) obligations may be used to offset the overall pension or OPEB liabilities that public employers are required to report...