Tag: pension funding

Scenic landscape with wooden boardwalk and hiking trail through colorful trees along lake

A bad idea for pension funding started with a very interesting book – “The Public Wealth of Nations” – written in 2015 by a Swedish investment advisor and a Swedish economist.  The authors estimated that the world has $75 trillion in assets not accounted for in any balance sheet.  These public assets include natural resources…

Cropped view of police officer

The brief’s key findings are: In 2016, the funded ratio of state and local pensions declined under both old and new accounting rules. This decline reflected steady growth in liabilities and slow growth in assets due to poor stock performance. More recently, the revival of the stock market is helping plan assets recover, with funded…