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LACERA |
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``We're doing very well,'' LACERA Chief Executive Officer Gregg Rademacher said. ``The bottom line is the actuarial salary assumptions on LACERA have been down for the last three years and just because the assumption is going to be higher for three years, that balances out,'' said David Sommers, spokesman for Supervisor Don Knabe. Investors in Fund I include LACERA, Nationwide Insurance, Citibank, Washington Mutual, MBNA, PNC Bank, Heron Foundation, Wachovia and others. |
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