Posted April 1, 2016 by burypensions in New Jersesy Pension. 25 Comments

The June 30, 2015 actuarial reports for the New Jersey Retirement System are out* and there are a few numbers therein that can be taken seriously (none involving liabilities or even the market value of assets considering all those self-valued alternative investments) since there is very little prettying-up actuaries can do with these ugly numbers:

Spreadsheets show a predictable change in these figures going back to 6/30/11 (the predictable part being outflow always going up – even without COLAs – while inflow varies with political whims).

.

.

* The real number update blog will come after the New Jersey Supreme Court rules on whether retirees get COLAs again as it may save a step.