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Transcripts For SFGTV 20141123

Evaluations were assuming zero. Right. Right and so something we can going forward. Okay. So again its a large group if its combined with the basic cola group ill stop with that. Commissioner. I want to expand an commissioner driscal page 4 the probability so 2020. 25 percent so the liability in cola. This isnt the probability but the toll amount that will be paid. And actually, i should correct it page 6 is the 2014 assumptions and page 4 were the 2013 so again in 2015 there would be zero and 2020 this would be the basis point costs of colas going forward. Theres no probability per say. Thats it theres a probability but we take the probability and multiple it by the 1. 5 percent the amount of supplemental cola for the majority of plan members most people get a certain amount so the probability multiples 1. 5 percent. How would you do the probability. Do the reserve math. Okay. Thank you. Questions seeing none, chair will entertain a motion to accept the report. So moved. Is there a se

Transcripts For SFGTV 20141124

Okay. So again its a large group if its combined with the basic cola group ill stop with that. Commissioner. I want to expand an commissioner driscal page 4 the probability so 2020. 25 percent so the liability in cola. This isnt the probability but the toll amount that will be paid. And actually, i should correct it page 6 is the 2014 assumptions and page 4 were the 2013 so again in 2015 there would be zero and 2020 this would be the basis point costs of colas going forward. Theres no probability per say. Thats it theres a probability but we take the probability and multiple it by the 1. 5 percent the amount of supplemental cola for the majority of plan members most people get a certain amount so the probability multiples 1. 5 percent. How would you do the probability. Do the reserve math. Okay. Thank you. Questions seeing none, chair will entertain a motion to accept the report. So moved. Is there a second. Second. Decision seeing none, all in favor, say i. It passes unanimously thank

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