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ChatGPTClaudePerplexity· Related development
Board lowers the investment return assumption from 7.5% to 7.35%
Rudd and Wisdom presented the 2024 Review of Experience and Assumptions Report and recommended changes in assumptions for the December 31, 2023 valuation. The board accepted them unanimously, except that it adopted an investment return assumption of 7.35%, down from the 7.5% used before.[1]
What the sources say
- ✓ Verified
The board voted to accept the actuaries' recommended assumptions "except to adopt an investment return assumption of 7.35%, a reduction from the 7.5% that was used in the prior actuarial valuation." [1]
- Return assumption
- 7.35%
