http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/ PERS Oregon Discussion Sun, 22 Nov 2009 20:46:20 GMT pegppeg http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3459 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3459 ... ************************ It was clear that Mike and several other Board members were peeved at various comments, criticisms, and suggested 'improvement' Sun, 22 Nov 2009 19:22:00 GMT val4pers http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3458 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3458 ... Hi Paul, I did not find life expectancy tables in the 2007 document. All I did was to take the AEFs in the 2010 table and count how many months older I Sun, 22 Nov 2009 19:17:52 GMT mrfearless47 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3457 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3457 ... I think Pittman was just blowing off steam about the number of rule changes and changes of changes to rules the PERB has already had to consider as a Sun, 22 Nov 2009 19:13:51 GMT mrfearless47 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3456 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3456 ... I regard the likelihood of this passing in the Legislature (at least right now) as exactly zero. I can assure you that if it did, it wouldn't be Sun, 22 Nov 2009 17:26:10 GMT pgornick http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3455 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3455 ... %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% Hello, Val: I do find the life expectancy age tables in the 2010 document on pages 3-4 of the PDF file. What I can't Sun, 22 Nov 2009 16:55:42 GMT val4pers http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3454 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3454 ... Paul, They're at an identical URL except with 07 instead of 10: http://oregon.gov/PERS/docs/financial_reports/aefs1-1-07.pdf And I did look intentionally Sun, 22 Nov 2009 16:31:49 GMT pegppeg http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3453 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3453 ... ********************************** Greg, in an email to me, pointed out something that I had not caught. It is most accurate if I just Cut & Paste his Sun, 22 Nov 2009 15:55:00 GMT pegppeg http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3452 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3452 ... **************************** Was this what Mike Pittman had in mind when he talked about the unintended consequences that happen all too easily when making Sun, 22 Nov 2009 14:24:45 GMT mtownsend1224 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3451 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3451 ... We definitely indeed do live in *strange times*. I realize that a discussion such as this is purely academic at this stage. It is *confusing* for myself Sun, 22 Nov 2009 03:40:26 GMT pgornick http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3450 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3450 ... $$$$$$$$$$$$$$$$$$$$$$$$$$$$$ Val: Where did you find the life expectancy factors in the 2007 AEFs? I can't seem to find them. Thanks, Paul G Sun, 22 Nov 2009 03:19:16 GMT pgornick http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3449 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3449 ... %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% FWIW, Table 2A is for the Refund Annuity (Option 0) benefit, where a beneficiary only comes into play until the Sun, 22 Nov 2009 03:15:19 GMT mrfearless47 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3448 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3448 ... The IAP repatriation would create a host of interesting implementation problems. For example, would Tier 1 members pick up 8% for 2008 rather than -28%, Sun, 22 Nov 2009 02:04:58 GMT mrfearless47 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3447 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3447 ... The calculation isn't particularly complicated, but factors like prior service, beneficiary, the HB 3349 adjustment all come into play to make the Sun, 22 Nov 2009 01:29:04 GMT Bill http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3446 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3446 ... Thanks for the reports. Ire-gonian article: http://tinyurl.com/yh2awnn (Just returned from a wet and windy Washington state visit. Lots of snow where we Sat, 21 Nov 2009 23:33:49 GMT David Dahlin http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3445 http://finance.groups.yahoo.com/group/PERS_Oregon_Discussion/message/3445 I agree, the IAP was a bad idea. I think it was put forth as a way to thwart the money match. So, if existing balances in the IAP are repatriated back into