Tag: local pension
The brief’s key findings are: To assess the sensitivity of pension funding to investment returns, the analysis projects funded ratios through 2042 for large public plans using: a stochastic model of year-to-year returns; and a median real return of 4.45 percent, the average used by plans in 2012. The baseline results show that the funded ratio for…
The brief’s key findings are: Under financial pressure, U.S. state and local pension plans have curbed future benefit costs. But these changes have been ad hoc and unexpected. New Brunswick’s new Shared Risk model is designed to respond to shocks in a more orderly and predictable way and to help head off trouble in advanc…
