Tuesday, November 19, 2019

While TVA's debt drops, unfunded liability for retirement plan grows to $5.3 billion | Chattanooga Times Free Press

While TVA's debt drops, unfunded liability for retirement plan grows to $5.3 billion | Chattanooga Times Free Press: Despite the success of cutting its overall debt to a 30-year low in fiscal 2019, TVA's unfunded liability for its employee retirement plan grew in the past year, leaving the utility more than $5.3 billion short of what TVA actuaries say the pension fund needs to ensure future retirement benefits are paid.

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