Tag: public pension funds
The brief’s key findings are: Pension plans set target asset allocations, but allow actual allocations to vary within range of the targets. From 2001-2017, target allocations shifted away from traditional stocks and bonds and toward alternatives. As a result, many plans were net sellers of equities during the financial crisis, which locked in losses and…
The brief’s key findings are: During 2014, public plans adopted new accounting standards for reporting purposes but continued to use the traditional standards for funding purposes. The traditional funded ratio rose from 72 percent in 2013 to 74 percent in 2014 – the first improvement since the financial crisis. Required contributions continued to climb in…
