TrophyWife
Recycles dryer sheets
- Joined
- Feb 23, 2016
- Messages
- 158
and from a county govt agency. How safe would you say that is?
and from a county govt agency. How safe would you say that is?
Thankfully we are not part of the calpers system. I'm just not sure how to evaluate what we have.
is this what I should be looking at as far as bond rating?
Issuer/ Default Rating AA+ Aa1 AA+
or maybe this
1997A Refunding Pension Obligation Bonds WD/AA A3/Aa1 A/NR
Note based upon annual reports I think most corporations fund their pension plans at 80% (so lump sums are possible), and put the remainder as a misc liablity on their balance sheet. The megacorp I used to work for does this.