A Special Report on the Cost of Retirement Systems for State and County Employees in Massachusetts

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Excerpt from A Special Report on the Cost of Retirement Systems for State and County Employees in Massachusetts: January, 1911In general, the figures for a year of full operation based upon the assumption explained on the preceding page are some what lower than those for the first year of operation under present conditions. This is due to the fact that the amounts required for minimum payments increase the cost in the first year. In the case of the assumed year of full Operation, the number of instances of minimum payment is considerably smaller than would be found under the actual conditions dur ing the first year.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.