The new formula for RHNA incorporates job growth as part of this already. Everyone agrees that there needs to be a connection between jobs and housing; it's literally our number one message. But to come out of that on the side of reducing jobs is very... Retiree of him.
if the rate of return was even decreased by one full percentage point, then we'd have a $9 billion liability to cover. http://mysfers.org/wp-content/uploads/SFERS_AnnualReport_FY16_web.pdf …pic.twitter.com/cOYh6GHjab
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if you're prepared to make the drastic cuts to public sector services and workers that are implied by a slower growth rate (above and beyond the current cannibalization that's happening http://gspp.berkeley.edu/assets/uploads/research/pdf/Anzia_PensionsintheTrenches_Aug62017.pdf …), then by all means...at least you would be ideologically consistent.
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