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The Fall 2019 issue of Voice Magazine, a Florida Public Pension Trustees Association (FPPTA) publication, includes an article written by Pete Strong.  The article, titled Making Every Dollar Count: Optimizing Pension Plan Funding, offers methods that Boards can use to develop an optimal funding arrangement, which is defined as “one that minimizes total contributions over the lifetime of the pension plan, while at the same time balances the competing objectives of benefit security, intergenerational equity, and contribution stability.”

The article which can be found here begins on page 42.  To learn more about pension plan funding optimization, please contact Pete at pete.strong@grsconsulting.com or your GRS consultant.