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Using the 2018 report for the LACERS pension fund, answer the following question; Which of the following had the greatest impact on the LACERS net

Using the 2018 report for the LACERS pension fund, answer the following question;

Which of the following had the greatest impact on the LACERS net pension liability in the most recent year?

Service cost

Interest cost

Benefit payments

Total contributions.

None of these had an impact on the net pension liability.

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