Why fund health care when the pension plan is not fully funded?
Due primarily to excellent investment returns during the past four fiscal years, STRS Ohio projects that the funding period for the pension fund will be close to 30 years on June 30, 2007. (The actuarial valuation report is issued in October 2007.) The funded ratio should also improve. Future projections show continued decreases in the funding period and increases in the funded ratio.
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- Why fund health care when the pension plan is not fully funded?
