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Pennsylvania Pensions: Liability Trends  

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1 day ago

We’ve looked at the assets, now it’s time for the liabilities. As mentioned before, I’m focusing only on the two largest pension funds in Pennsylvania — Pennsylvania School Employees and Pennsylvania State ERS.

LIABILITY GROWTH

Let’s just look at the full pension liability to begin with:

Nothing particularly weird, but note it keeps growing.

The CAGR (compound annual growth rate) of the pension liability (not the unfunded liability) from 2001...

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