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  • DB Pension, 401(K), or Cash Balance? The Case of CalSTRS
    William B. Fornia Most public school teachers in the U.S. are covered by traditional defined benefit (DB) ... account balances to a life annuity, priced with CalSTRS- specific mortality assumptions and (for DC) a ...

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    • Authors: William B Fornia, Nari Rhee
    • Date: Jul 2018
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Public interest representation
    • Publication Name: In The Public Interest
    • Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Public sector plans; Public Policy; Public Policy