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Equable Funded Status

Government employers have made promises to public workers, that at retirement they will get guaranteed monthly income for life. But how do pension plans keep these promises? It all starts with one of the most important measurements a pension plan has: funded status. Funded status measures the dollars a pension fund has received and invested, compared to the pension payments it needs to make. Watch this video to understand what Funded Status is, and how it affects you. Then head over to Equable.org and read more: https://equable.org/pension-basics-fu....