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Understanding Decisions in State Pension Systems: A System Framework

Source: Gang Chen, The American Review of Public Administration, OnlineFirst, Published online before print November 1, 2016 (subscription required) From the abstract: State governments establish...

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Pension Structure and Employee Turnover: Evidence from a Large Public Pension...

Source: Dan Goldhaber, Cyrus Grout, Kristian L. Holden, ILR Review, Online First, Published online before print November 4, 2016 (subscription required) From the abstract: Public pension systems in...

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State Hybrid Retirement Systems

Source: National Association of State Retirement Administrators, NASRA Issue Brief, November 2016 From the introduction: Although hybrid plans have been in place in public sector retirement systems for...

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New Developments in Social Investing by Public Pensions

Source: Alicia H. Munnell and Anqi Chen, Center for Retirement Research at Boston College, SLP#53, November 2016 The brief’s key findings are: – Public pension funds continue to engage in social...

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Pension Liabilities Exceed Capital-Related Debt at US Public Universities

Source: Moody’s Investors Service, Sector In-Depth, November 18, 2016 (subscription required) Credit risk related to unfunded pension liabilities for public universities we rate is increasing and...

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Pension Benefit Guaranty Corporation (PBGC): A Primer

Source: John J. Topoleski, Congressional Research Service (CRS), CRS Report, 95-118, November 3, 2016 The Pension Benefit Guaranty Corporation (PBGC) is a federal government agency established by the...

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Multiemployer Defined Benefit (DB) Pension Plans: A Primer and Analysis of...

Source: John J. Topoleski, Congressional Research Service, CRS Report, R43305, November 3, 2016 Multiemployer defined benefit (DB) pension plans are pensions sponsored by more than one employer and...

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How Public Pension Plan Demographic Characteristics Affect Funding And...

Source: Donald J. Boyd, Yimeng Yin, Rockefeller Institute of Government, December 2016 The Rockefeller Institute has introduced a Public Pension Stochastic Simulation Model that examines the...

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The Supreme Court Case That Could Bankrupt Religious Schools and Hospitals

Source: Emma Green, The Atlantic, December 12, 2016 Advocate Health Care Network v. Stapleton pits financially strained organizations against their own workers, who fear their promised pensions may not...

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Removing the Legal Impediments to Offering Lifetime Annuities in Pension Plans

Source: Jonathan Barry Forman, Pension Research Council Working Paper, WP2016-6, August 2016 from the abstract: Longevity risk–the risk of outliving one’s retirement savings–is probably the greatest...

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Retirement Security Legislation in the States

Source: Anna Petrini, LegisBrief, Vol. 24 no. 44, November 2016 (subscription required) Even as they are living longer, many Americans—especially those working in the private sector— are not saving...

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2016 Retirement Confidence Survey of the State and Local Government Workforce

Source: Paul J. Yakoboski, Joshua M. Franzel, Center for State and Local Government Excellence, December 2016 From the summary: This report examines the employment and retirement planning and saving...

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OECD Pensions Outlook 2016

Source: Organisation for Economic Co-operation and Development (OECD), December 2016 From the abstract: The OECD Pensions Outlook 2016 assesses policy issues regarding strengthening pension systems...

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State and Local Pension Reform Since the Financial Crisis

Source: Jean-Pierre Aubry and Caroline V. Crawford, Center for Retirement Research at Boston College, Issue in Brief, SLP#54, January 2017 The brief’s key findings are: • Since the financial crisis, 74...

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Public Pension Investment Risk-Taking May Result in Future Challenges

Source: Donald J. Boyd, Yimeng Yin, Nelson A. Rockefeller Institute of Government, Pension Simulation Project, January 2017 The latest report from the Rockefeller Institute’s Pension Simulation Project...

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NCPERS 2016 Public Retirement Systems Study

Source: National Conference on Public Employee Retirement Systems, December 2016 In September, October and November 2016, the National Conference on Public Employee Retirement Systems (NCPERS)...

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Cost Sharing Among State Defined Benefit Pension Plans: Approaches to...

Source: Greg Mennis, Pew Charitable Trusts, January 2017 From the overview: A number of states with defined benefit, or traditional, pension plans have enacted policies that retain the core elements of...

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Softening Investment Expectations Signal Accelerating Budget Pressure from...

Source: Thomas Aaron, Timothy Blake, Moody’s, Sector InDepth, State and Local Government – US, February 16, 2017 (subscription required) State and local governments have held down annual pension...

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More Americans Live in Fear of Retiring Poor

Source: Suzanne Woolley, Bloomberg, February 28, 2017 Pensions are vanishing, and state-sponsored IRAs are under attack. Yet most Americans support both, a new survey shows.

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Public Pension Plan Investment Return Assumptions

Source: National Association of State Retirement Administrators, NASRA Issue Brief, February 2017 As of September 30, 2016, state and local government retirement systems held assets of $3.82 trillion....

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