Pension Plan unfunded liability to reach $250 million
CSPP proposes to increase contribution to 20%
By: L.N. Reklai
February 14, 2017 (Koror, Palau) Palau’s Civil Service Pension Plan 2015 audit shows over $250 million of unfunded liability projected into the future based on a 2015 actual study, according to report presented by CSPP to the leadership at yesterday’s meeting.