Question: Using the CAFR from Week 1, evaluate your individual entities with your team and discuss the following: Does the government contribute to one or more
Using the CAFR from Week 1, evaluate your individual entities with your team and discuss the following: Does the government contribute to one or more pension plans? Are they defined benefit or defined contribution plans? If they are defined benefit plans, are they single employer (maintained by the government itself) or multiple-employer. Does the government report pension expenses or expenditures? If so, in which fund or funds? Does the government report pension liabilities? If so, in which fund or funds? Does the CAFR indicate the actuarial value of plan assets and liabilities? Are the plans overfunded or underfunded? For the state of California CAFR
I am unable to download but the CAFR is located here: http://www.sco.ca.gov/Files-ARD-Local/LocRep/cafr15web.pdf
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