Public Pension Plan Investment Return Assumptions
Source: National Association of State Retirement Administrators, NASRA Issue Brief, February 2017 From the introduction: As of September 30, 2016, state and local government retirement systems held...
View ArticleU.S. Public Pension System Faces Many Hurdles
Source: John Manganaro, PlanAdvisor, March 9, 2017 A new survey report from S&P Global Ratings examining the pension plans of the 15 largest U.S. cities “reveals some common trends and key factors...
View ArticleSummary of the Quarterly Survey of Public Pensions for 2016:Q4
Source: U.S. Census Bureau, G16-QSPP4, March 2017 For the 100 largest public-employee pension systems in the country, assets (cash and investments) totaled $3,396.7 billion in the fourth quarter of...
View ArticleState and Local Fiscal Facts: 2017
Source: National Governors Association (NGA), National Conference of State Legislatures (NCSL), The Council of State Governments (CSG), National Association of Counties (NACo), National League of...
View ArticleThe Drivers of Public Sector Pension Reform Across the U.S. States
Source: Michael Thom, The American Review of Public Administration, Volume 47, Issue 4, May 2017 (subscription required) From the abstract: This study analyzes the diffusion of public sector pension...
View ArticleState and Local Government Spending on Public Employee Retirement Systems
Source: National Association of State Retirement Administrators, NASRA Issue Brief, Updated April 2017 State and local government pension benefits are paid not from general operating revenues, but from...
View ArticleFunding Public Pensions: Is full pension funding a misguided goal?
Source: Tom Sgouros, University of California – Berkeley, Haas Institute for a Fair and Inclusive Society, 2017 Public pension systems across the United States are, and have been, in crisis. But, to a...
View ArticleThink Public Pensions Can’t Be Cut? Think Again.
Source: Chuck Reed, Governing, April 26, 2017 It’s happened several times in just the last few years. With so many systems severely underfunded, it’s likely that more government employees will to be...
View ArticleInvestment Return Volatility and the Michigan State Employees’ Retirement System
Source: Yimeng Yin and Donald J. Boyd, Nelson A. Rockefeller Institute of Government, Pension Simulation Project Policy Brief, March 2017 A new report from the Rockefeller Institute’s Public Pension...
View ArticleThe State Pension Funding Gap: 2015 Market volatility deepens the divide...
Source: Pew Charitable Trusts, Issue Brief, April 2017 From the overview: The gap between the total assets reported by state pension systems across the United States and the benefits promised to...
View ArticleState Public Pension Funds Increase Use of Complex Investments
Source: Pew Charitable Trusts, April 2017 From the overview: State and locally run retirement systems currently manage over $3.6 trillion in public pension fund investments, most of which are held by...
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2016 Annual Survey of Public Pensions
Source: U.S. Census Bureau, May 25, 2017 From the press release: Employer pension contributions made by state and local governments increased by 6.5 percent or $8.5 billion while earnings on...
View ArticlePensions v 401(k)s: An Illinois Case Study
Source: Kezmen Clifton, OnLabor blog, May 26, 2017 Illinois’ pension liability is estimated to stand at more than $130 billion. The reason behind Illinois’ ever-growing pension liability is one of...
View Article(Un) Ready for Retirement
Source: Anna Petrini, State Legislatures Magazine, June 2017 States face a costly future if their citizens fail to save enough for retirement. Most Americans are not saving enough for retirement. The...
View ArticleState and Local Government Workforce: 2017 Trends
Source: Center for State and Local Government Excellence, June 2017 From the summary: Recruiting and retaining qualified personnel was the top priority for 91 percent of respondents to the 2017...
View ArticleQuarterly Survey of Public Pensions for 2017: First Quarter
Source: U.S. Census Bureau, June 2017 This report provides national summary data on the revenues, expenditures and composition of assets of the largest defined benefit public employee pension systems...
View ArticlePension burdens to rise through 2020, even in positive investment scenario
Source: Thomas Aaron, Timothy Blake, Moody’s, U.S. Public Finance, Sector In-Depth, June 20, 2017 (subscription required) A new report gauges pension-related risks in three scenarios for investment...
View ArticleU.S. Public Pension Plan Contribution Indices, 2006–2014
Source: Lisa Schilling, Society of Actuaries, June 2017 In March 2016, the Society of Actuaries (SOA) introduced contribution indices, metrics that compare pension plan contributions to benchmarks that...
View ArticleA First Look at Alternative Investments and Public Pensions
Source: Jean Pierre Aubry, Anqi Chen, Alicia Munnell, Center for State and Local Government Excellence, Issue Brief, June 2017 From the summary: The brief uses data from PublicPlansData.org to explore...
View ArticleState and Local Government Contributions to Statewide Pension Plans: FY 15
Source: National Association of State Retirement Administrators (NASRA), Issue Brief, June 2017 From the introduction: Pension benefits for employees of state and local governments are paid from trusts...
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