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Can someone explain this to me. I have a question stating The budget directo ask, what are the net present value of the unfunded liability
Can someone explain this to me.
I have a question stating
The budget directo ask, "what are the net present value of the unfunded liability and the ratio of assets to the net present value of the unfunded liability, given the current situation? This is the base case.' How bad are things right now?
This is the data I have
INPUTS | |
Cost of Living Adjustment | 0.03 |
Long Term Rate of Return | 0.075 |
Productivity Factor | 0.005 |
Employee Contribution Rate | 0.095 |
Final Salary Give Back | $ - |
State Contribution Factor | 2.5 |
SUMMARY OF KEY RESULTS | |
NPV of Unfunded Liability | $62,105,471,741 |
Ratio of Assets to Liability NPV | 66% |
Im not exactly sure how to eexplain if this is bad or not.
Thank, I hope this is enough information
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