tag:blogger.com,1999:blog-7905515.post3664103449139082981..comments2024-03-14T11:09:32.759-05:00Comments on Falkenblog: It's Useful to Actually PlanEric Falkensteinhttp://www.blogger.com/profile/07243687157322033496noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7905515.post-62510464440805072532012-07-16T19:30:26.267-05:002012-07-16T19:30:26.267-05:00They knew; they had the opportunity to know. All ...They knew; they had the opportunity to know. All they had to do was ask the pension/employee benefits actuary for the cash flow stream that he was discounting to come up with the value of the liability.<br /><br />It gores me, because there have been at least a dozen muni pension books exposing this issue for years.... just political garbage "We didn't know. Evil people hid this from us."<br /><br />And the ones who thought they were clever, aiming for high pensions, are the ones who will be disappointed as they will have to give up some of their benefits.David Merkelhttps://www.blogger.com/profile/05073877918072914309noreply@blogger.com