Tag: state and local pensions

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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…

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Investment Update: How Do Public Plans Value Their Assets?

Issue Brief by and

September 3, 2019

The brief’s key findings are: A new government accounting standard requires state and local pension plans to categorize assets based on the method used to determine the fair market value. Level 1 includes frequently traded assets like equities. Level 2 includes less liquid assets like corporate bonds.  Level 3 involves appraisals like real estate. For…

Does Public Pension Board Composition Impact Returns?

Issue Brief by and

August 6, 2019

Publications

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How Has the Decline in Assumed Returns Affected Plan Costs?

Issue Brief by , and

June 25, 2019
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Do Benefit Cuts Encourage Public Employees to Leave?

Issue Brief by and

May 21, 2019
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How Did State/Local Plans Become Underfunded?

Issue Brief by , and

January 6, 2015
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Do Public Pensions Help Recruit and Retain High-Quality Workers?

Issue Brief by , and

October 14, 2014
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COLA Cuts in State/Local Pensions

Issue Brief by , and

May 13, 2014
Saving and pension planning

Defined Contribution Plans in the Public Sector: An Update

Issue Brief by , and

April 29, 2014
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How Would GASB Proposals Affect State and Local Pension Reporting?

Working Paper by , , and

June 21, 2012
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How Would GASB Proposals Affect State and Local Pension Reporting?

Issue Brief by , , and

November 28, 2011
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How Prepared Are State and Local Workers for Retirement?

Working Paper by , , and

October 18, 2011