Question: The CAFRs for LASERS reported a Net Pension Liability for the following years as 6/30/22 - $7,559,741,805 6/30/21 - $5,503,975,767 6/30/20 - $8,270,667,904 This is

The CAFRs for LASERS reported a Net Pension Liability for the following years as

6/30/22 - $7,559,741,805

6/30/21 - $5,503,975,767

6/30/20 - $8,270,667,904

This is significant differences. What caused the differences? Do you anticipate the NPL will increase or decrease in 2023. What is that decision based on?

(Hint the Schedule of Changes in Net Pension Liability in the RSI section of the LASER CAFRs can help). Check the table of content within the CAFRs to locate.

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