US - Mercer has said it will "vigorously" defend a $1.8bn law suit by the State of Alaska, which alleges the actuary made mistakes in calculating the state pension plan's expected liabilities.
The lawsuit was filled in Alaska Superior Court yesterday by Attorney General Talis Colberg and the Department of Law, on behalf of Alaska's Public Employees' Retirement System (PERS) and Teachers'...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders