It is clear from the table that the fund has not met its assumed annual rate of return of 6.75% over the last 15 years.
Here is another way to look at performance over time by using a 5 year rolling average. This smooths out the annual fluctuations.
The average annual return over the most recent 5 year period is 4.09%. Again that misses the assumed long term rate of return of 6.75% by a BIG margin.
Is the city going to raise both the employees and their contributions to assure the pensions of current and future retirees are fully funded?
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