List of Figures

30-Year Treasury Rate Curve, courtesy of the Federal Reserve Bank of St. Louis
Historical growth of the AFM-EPF Benefit Multiplier
Total 30-year liability on $500,000 using changing AFM-EPF rates
Trustees’ Reactions to Increased Liabilities/Lowered Discount Rate
The Missing Slide: Comparing AFM-EPF performance to Index Funds
The Second Missing Slide: How Much We’ve Lost
The Third Missing Slide: AFM-EPF Investment Costs
Acceleration of Nest Egg Reduction (Capital Erosion).
Deficit as a Percentage of Net Assets (Capital Erosion).
10 Employer Contributions
11 Employer Contributions and Benefit Payments
12 Percentage of Benefit Payments Covered by Employer Contributions