Request #19-4166
  Closed

By June 30th the percent funded on the NOMERS pension plan is determined and reported. 

Please provide two numbers:

1. The Performance rate of return for 2018

2. The percent funded as of Dec 31, 2018 

I have searched the reports on-line and am not able to find those two numbers in the lengthy and detailed reports. 

Regards,

Charles Marsala 

 


Received

July 1, 2019 via web


Due

July 8, 2019


Departments

Finance - Retirement System


Requester

Charles Marsala

Documents

Public

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Staff

Point of Contact

Admin Law

Request Closed   Hide Public

Mr. Marsala:

NOMERS has provided the following information regarding your records request:

 

"The investment performance number (-4.3%) for 2018 can be found on p.6 in the report titled "Investment Performance - December 2018" on our website. See link below.

https://nola.gov/nomers/about/investment-performance/

The percent funded (funding ratio) will be found in our actuarial valuation report that will be made available on our website some time after our July board meeting to be held on July 17th."

 

On behalf of the custodial department(s), our office has responded to your request and considers this request closed.

City Attorney's Office
City of New Orleans
1300 Perdido St., Ste. 5E03
New Orleans, LA 70112
504-658-9800

July 2, 2019, 12:26pm
Request Published Public
July 2, 2019, 12:26pm
Department Assignment Public
Finance - Retirement System
July 1, 2019, 10:50pm
Request Opened Public
Request received via web
July 1, 2019, 10:50pm