Anybody have a financial calculator to play with those PERS numbers? We know the present value and future value, so it would be simple to assume some things and come up with some hypothetical numbers.
Yes, I do have such a calculator, but their are too many variables......loan period (in years), effective interest rate, amount of diferred interest or prinicpal payments, etc.
To really know what is going on, one would have to look at the form of the borrowing, which should be available to PERS employees (one would think?)