unfunded liability

More responsible assumptions about pension fund investment performance partially responsible for increase BOSTON – Despite several reform bills targeted at the Commonwealth’s public pension system in recent years, the unfunded actuarial accrued liability (UAAL) has continued to rise and is drawing closer to...

Now anyone can become a local pension system expert…  A stitch in time saves nine. But how much will the hole unravel before the seamstress gets the call? We all know procrastination is a bad habit, but it’s far worse if the...