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Part 1 of 2 – Total Liability Calculator (TLC) Basic – 101

Part 2 of 2 – Total Liability Calculator (TLC) Basic – 201

We will discuss how – using data from your 2023 annual actuarial valuation (AAV) – you can use Total Liability Calculator (TLC) Basic to create new scenarios and projections to; Project a higher-than-assumed wage increase, Build a scenario assuming a lump sum contribution, See how lower future investment returns or additional voluntary contributions would impact your funded level, and Create a peer comparison to see how your retirement plan’s multiplier and vesting schedule stack up against plans being offered by similar employers. We’ll do this using real-world examples of municipalities that are using GovInvest (now called TrueComp).