The actuary cited by the councilman, Buck Consultants, has a website. The first sentence reads, "It’s no secret that pension plans have a huge effect on your organization’s financial results." This leads me to conclude the actuarial analysis was produced with an end in mind.
The guest repeated the statement that the savings to be realized were from an actuary, which suggested the numbers have a certain quality or objectivity. Why wasn't this analysis discussed in any detail?
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Mayor, Councilman Faulconer Propose Major Change To City's Pension System
The actuary cited by the councilman, Buck Consultants, has a website. The first sentence reads, "It’s no secret that pension plans have a huge effect on your organization’s financial results." This leads me to conclude the actuarial analysis was produced with an end in mind.
The guest repeated the statement that the savings to be realized were from an actuary, which suggested the numbers have a certain quality or objectivity. Why wasn't this analysis discussed in any detail?
http://www.buckconsultants.com/
March 28, 2011 at 9:46 a.m. ( permalink | suggest removal )