Fact one: On July 13, CalSTRS, the California State Teachers’ Retirement System, reported a 1.8% return on its investments in the 2011-12 fiscal year. Its actuarial assumed rate of return is 7.5 %. Its chief executive officer, Jack Ehnes, said in a press release, “Investment returns alone cannot place CalSTRS on a solid financial footing. “ He called for state government action for a “long-term funding plan that includes gradual, predictable and fair contribution increases for all parties involved.” CalSTRS is the second-largest public pension fund in the U.S.Well that would be a big whoops, and a hello to LA bankruptcy.
Fact Two: On July 16, the largest public pension plan in the U.S., the California Public Employees’ Retirement System (CalPERS) said it earned 1% on its investments in the fiscal year ended June 30. Its so-called discount rate also is 7.5%. WSJ
Thursday, July 19, 2012
California crashing
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Actress Yoon Eun Hye recently updates her fans with a set of beautiful photos.
On August 16th, the actress uploaded the above photos on her Twitter with the short caption, “After the meeting.”
In the photos, Yoon Eun Hye is wearing black T-shirt while cutely leaning on a wooden bar. Calmly staring at the camera, she displays her well-defined features and feminine charms, which captivated the public.security systems for businessfake watches for saleDallas Apartmentsdating articlesChrysler Alternatorcheap evening dressesintercom repairshow to last longer in bedscotland hotels edinburghvigrxCustomer Credit Card ReviewsOyunlarAtlanta ApartmentsArizona Mortgagebuy and sell websiteEau ioniséeNude Eve in artAustin Apartmentsfootball free betsOnline Health Stores
Netizens commented, “Yoon Eun Hye has become prettier,” “She looks lovely,” “Show us some of your good work” and “She looks innocent yet sexy.”
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