Tag: stability
![Police cars in a row](https://crr.bc.edu/wp-content/uploads/2018/10/Police-cars-in-a-row-1536x1020.jpeg)
The brief’s key findings are: Under traditional accounting rules, the aggregate funded ratio for state and local pension plans in 2017 was 72 percent, largely unchanged from recent years. This overall stability, however, masks a growing gap among plans: the average funded ratio was 90 percent for the top third but just 55 percent for…