Tag: public pensions

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

The brief’s key findings are: The aggregate funded ratio improved from 73 to 75 percent from FY 2020 to 2021. At the same time, contribution rates rose from 21 to 22 percent of payrolls. While initial expectations for public pensions were low due to COVID, financial markets rebounded and municipal tax revenues were quite resilient…

Saving and pension planning

The brief’s key findings are: As state and local pension plans have increased their investments in alternative assets, they have taken on more external asset managers. However, due to concerns about fees, some large plans have started to reevaluate the size of their external team. This study explores how the number of managers affects fees…