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Old 09-30-2020, 01:14 PM
  #69  
pinseeker
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Joined APC: Aug 2006
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Originally Posted by Noworkallplay View Post
Easy. Its funded by the delta between no market gains and the hurdle rate. So if the hurdle rate is 4% any account gains from 0-4% go into the floor reserve account. Any gains above 4% goes into growth within the account. I also remember something being said about an additional contribution from the company the first 2 years to establish and fortify the floor fund. Done Its all been talked about in the material the last 5 years.

This statement shows that you clearly don't understand the stabilization fund. You also obviously don't understand what the hurdle rate is or the floor rate are either.
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