Tag: impact of inflation on public pension costs

Firefighter,Helmet,And,Protection,Coat,Hanging,In,The,Fire,Station

The brief’s key findings are: Public pension plans have lowered their investment return assumptions, which generally raises costs by requiring larger contributions to fund promised benefits. However, the decline in assumed returns is due to lower expected inflation, which should have no effect on costs in an inflation-indexed system. At the same time, plans hav…