02-21-12 Radnor Township Board of Commissioners (BOC) Special Meeting on Unfunded Liabilities
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02-21-12 Radnor Township Board of Commissioners (BOC), Part 1 of 2 of a special meeting to discuss Pensions, OPEB (CARFAC: Planning sub-group Participation). This segment contains Pledge of Allegiance; Presentation of Unfunded Liabilities; Board of Commissioners Comment and Discussion. Produced by John F. Haines, Sr. email: 02-21-12 Radnor Township Board of Commissioners (BOC), Part 2 of 2 of a special meeting to discuss Pensions, OPEB (CARFAC: Planning sub-group Participation). This segment contains Board of Commissioners Comment and Discussion; Public Comment; Adjournment. Produced by John F. Haines, Sr. email: For additional information, see the article that appears on the Radnor Patch site: radnor.patch.com |
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7 1/2% return is the expected rate of return. very aggressive, in my view and one of the Commissioners seems to think so.
At 76%, this means the Radnor taxpayer has to fund on pay go basis and this pulls money out of the community. It appears the unfunded ratio is declining to low 62 to 65%. This is not going the right way.
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