TRS Fund Cash Need, Contribution Factor Projected to Rise, Rolka Loube Says
The telecom relay service fund administrator revised its funding estimates again Friday. The TRS fund's net cash requirement is now projected to be $1.3 billion for the funding year starting July 1 and the industry contribution rate would be 2.244…
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percent of interstate and international telecom end-user revenue, said Rolka Loube Associates in a filing Friday in docket 10-51. That's up from $1.137 billion and 1.959 percent earlier in the week when Rolka Loube revised its original estimates (see 1706010070).