Could you be more specific about which area your figures came from?
This is like looking for a needle in a haystack. I hope this was not your intent Sen. Urquhart.
Specifically where are these figures to be found in the link you provided.
Over the next 25 years, Utah has a $6.5 billion unfunded liability in its retirement system. Above current expenditures, it will take another $400 million/year to cover that gap (and another compounding 4% annual rate of interest -- which is big, given the numbers we're talking about).
Sorry. I thought I linked to exact doc, but it seems I can't do that. Click on "Related Materials" for Thur, Nov 12 meeting. Then, click on link for "Information requested by committee for Nov. 12 meeting."
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Could you be more specific about which area your figures came from?
This is like looking for a needle in a haystack. I hope this was not your intent Sen. Urquhart.
Specifically where are these figures to be found in the link you provided.
Over the next 25 years, Utah has a $6.5 billion unfunded liability in its retirement system. Above current expenditures, it will take another $400 million/year to cover that gap (and another compounding 4% annual rate of interest -- which is big, given the numbers we're talking about).
Thanks
JBT,
Sorry. I thought I linked to exact doc, but it seems I can't do that. Click on "Related Materials" for Thur, Nov 12 meeting. Then, click on link for "Information requested by committee for Nov. 12 meeting."
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