Tag: public sector retirees

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Update on the Funded Status of State and Local Pension Plans – FY 2018

Issue Brief by and

October 1, 2019

The brief’s key findings are: The funded ratio of state and local pensions edged up to 73 percent in FY 2018, but has been largely flat for several years and is well below its peak in 2001. Liability growth has steadily declined during the past two decades – from 7.7 percent in 2002 to 3.8…