Public Pension Plan Investment Return Assumptions
Source: National Association of State Retirement Administrators (NASRA), Issue Brief, February 2016 From the introduction: As of September 30, 2015, state and local government retirement systems held...
View ArticleTelling the Public Pension Story with Hard Data
Source: Elizabeth K. Kellar, Amber Snowden, Government Finance Review, February 2016 Public pensions have been a hot topic in the media and among state and local policymakers. News stories often depict...
View ArticleState and Local Fiscal Facts: 2016
Source: National Conference of State Legislatures (NCSL), The Council of State Governments (CSG), National Association of Counties (NACo), National League of Cities (NLC), U.S. Conference of Mayors...
View ArticleFormer Presidents: Pensions, Office Allowances, and Other Federal Benefits
Source: Wendy Ginsberg, Daniel J. Richardson Congressional Research Service, CRS Report, RL34631, March 16, 2016 …. This report provides a legislative and cultural history of the Former Presidents Act....
View ArticlePrivate and Public-Sector Retirement Plan Trends
Source: Employee Benefit Research Institute, EBRI Databook on Employee Benefits, Chapter 5, Updated October 2015 Tables include: • Percentage of Employees Participating in Retirement and Capital...
View ArticleState and Local Government Spending on Public Employee Retirement Systems
Source: National Association of State Retirement Administrators (NASRA), NASRA Issue Brief, March 2016 From the introduction: State and local government pension benefits are paid not from general...
View ArticleSummary of the Quarterly Survey of Public Pensions for 2015: Q4
Source: U.S. Census Bureau, G15-QSPP4, March 31, 2016 For the 100 largest public-employee pension systems in the country, assets (cash and investments) totaled $3,243.3 billion in the fourth quarter of...
View ArticleViews on Employment-based Health Benefits: Findings from the 2015 Health and...
Source: Paul Fronstin, Ruth Helmanm Employee Benefit Research Institute (EBRI), EBRI Notes, Vol. 37 no. 3, March 2016 From the summary: This Notes article reports workers’ opinions about...
View ArticleThe 80 Percent Pension Funding Target, High Assumed Returns, and Generational...
Source: Robert M. Costrell, University of Arkansas – Department of Education Reform, EDRE Working Paper No. 2016-04, April 7, 2016 From the abstract: Generational inequity in pension funding is highly...
View ArticlePension Reform That Gets the Job Done
Source: Charles Chieppo, Governing – Better, Faster, Cheaper blog, April 5, 2016 What Arizona lawmakers have done gets at many of the most serious problems facing public pensions everywhere. Now it’s...
View ArticleThe Facts on Public Pensions
Source: Jennifer Burnett, Council of State Governments & Center for State and Local Government Excellence, April 7, 2016 From the summary: Public pensions continue to be a topic of great concern to...
View ArticlePension Envy: Lessons From Well-Managed Plans
Source: Liz Farmer, Governing, April 28, 2016 Bad press has blurred the fact that not all public pension plans are underfunded and overly generous.
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Retirement Security: Low Defined Contribution Savings May Pose Challenges
Source: U.S. Government Accountability Office (GAO), GAO-16-408, May 2016 From the summary: An estimated 40 percent of all U.S. households had some retirement savings in a defined contribution (DC)...
View ArticleWorking Longer: The Disappearing Divide between Work Life and Retirement
Source: Associated Press-NORC Center for Public Affairs Research From the summary: ….This study extends that research and examines new topics, including older workers’ efforts to improve their career...
View ArticleAre Counties Major Players In Public Pension Plans?
Source: Alicia Munnell, Jean-Pierre Aubry, Center for State and Local Government Excellence, Issue brief, May 2016 Key findings: – While the majority of county employees participate in state pension...
View ArticleFees, Fees and More Fees: How Private Equity Abuses Its Limited Partners and...
Source: Eileen Appelbaum and Rosemary Batt, Center for Economic and Policy Research (CEPR), May 2016 From the summary: The private equity industry receives billions of dollars in income each year from...
View ArticleState Retiree Health Plan Spending: An examination of funding trends and plan...
Source: Pew Charitable Trusts, May 2016 From the overview: This report, a first-of-its-kind effort, provides data on state OPEB liabilities—the cost in today’s dollars of benefits to be paid to current...
View ArticleHow Did the Shift from Defined Benefit Pensions to Defined Contribution Plans...
Source: National Conference on Public Employee Retirement System, NCPERS Research Series, February 2016 …..In a nutshell, our analysis shows that the historic shift from DB to DC plans in the private...
View ArticleEconomic Volatility: Hidden Societal Cost of Prevailing Approaches to Pension...
Source: National Conference on Public Employee Retirement System, May 2016 Pension funds are the great stabilizers of our economy. When individual investors run for the door during market downturns,...
View ArticleThe ARC and the Covenants, 2.0: an update on the long-term credit risk of US...
Source: Michael Cembalest, J.P. Morgan, Eye on the Market, May 19, 2016 As managers of ~$70 billion in municipal bonds across our asset management business (Q1 2016), we’re very focused on the total...
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