Making Informed Changes to Public Sector Pension Plans
Source: National League of Cities, March 2017 From the abstract: Pensions play a critical role in the ability of local governments to attract and retain the workforce needed to meet citizen demands....
View ArticleInvestment Risk-Taking by Public Pension Plans: Potential Consequences for...
Source: Donald J. Boyd and Yimeng Yin, Rockefeller Institute of Government, Pension Simulation Project, July 7, 2017 Public pension plans in the United States have $3.8 trillion of invested assets,...
View ArticleU.S. slips to 17th in retirement security index
Source: Meaghan Kilroy, Pensions & Investments, July 19, 2017 The U.S. ranks 17th globally in retirement security, down three spots from last year, the Natixis Global Asset Management 2017 Global...
View ArticleRetirement Plan Options for State University Faculty and Staff
Source: National Association of State Retirement Administrators, NASRA, June 2017 A 50 state chart detailing the retirement plan options of faculty and staff at state universities. The post Retirement...
View ArticleState and Local Pension Plans Funding Sputters in FY 2016
Source: Jean-Pierre Aubry, Caroline V. Crawford, and Alicia H. Munnell, Center for State and Local Government Excellence, July 2017 From the summary: SLGE’s annual update on the funded status of state...
View ArticlePennsylvania’s hybrid plan seen as falling short
Source: James Comtois, Pensions & Investments, July 24, 2017 After many fits and false starts to pension reform, Pennsylvania’s governor has a signed a measure that establishes a hybrid defined...
View ArticleDecisions, Decisions: An Update on Retirement Plan Choices for Public...
Source: Jennifer Brown, Matt Larrabee, National Institute on Retirement Security (NIRS) and Milliman, August 2017 From the summary: Public employees with retirement plan choice overwhelmingly choose...
View ArticleInvestment Return Volatility and the Pennsylvania Public School Employees’...
Source: Yimeng Yin and Donald J. Boyd, Nelson A. Rockefeller Institute of Government, Pension Simulation Project Policy Brief, August 2017 The Rockefeller Institute of Government released a report that...
View Article114 Multiemployer Pension Plans Projected to Fail Within 20 Years
Source: Stephen Miller, SHRM, August 29, 2017 Failing union pensions may seek relief through reduced payouts. As many as 114 multiemployer pension plans covering nearly 1.3 million workers are severely...
View ArticlePension Plan Types and Financial Literacy in Later Life
Source: Yang Li, Jeffrey A Burr, Edward Alan Miller, The Gerontologist, Advance Articles, September 9, 2017 (subscription required) From the abstract: Background and Objectives: The ongoing shift from...
View ArticleHawaii Adds New Tool to Monitor State Pension Fund – Regular stress testing...
Source: Greg Mennis and Tim Dawson, The Pew Charitable Trusts, September 11, 2017 Hawaii is the latest state to require regular analysis of the potential impact of future economic swings on its public...
View ArticleQuarterly Survey of Public Pensions: Second Quarter 2017
Source: Melinda Caskey, Deron Pope, and Gritiya Tanner U.S. Census Bureau, Report Number: G17-QSPP2, September 2017 From the tip sheet: This survey provides national summary data on the revenues,...
View ArticlePension Math: Public Pension Spending and Service Crowd Out in California,...
Source: Joe Nation, Stanford Institute for Economic Policy Research (SIEPR), Working Paper 17-023, October 2017 From the abstract: California public pension plans are funded on the basis of policies...
View ArticleEmployee Contributions to Public Pension Plans
Source: National Association of State Retirement Administrators (NASRA), Issue Brief, September 2017 From the introduction: Unlike in the private sector, nearly all employees of state and local...
View ArticleDon’t Dismantle Public Pensions Because They Aren’t 100 Percent Funded
Source: National Conference on Public Employee Retirement Systems, NCPERS Research Series, November 2017 From the press release: State and local pension plans have consistently been able to meet their...
View ArticleHow Have Municipal Bond Markets Reacted to Pension Reform?
Source: Jean-Pierre Aubry, Caroline V. Crawford, Alicia H. Munnell, Center for State and Local Government Excellence, October 2017 From the summary: This issue brief examines whether state and local...
View ArticlePension risks remain high for most of the 50 largest local governments
Source: Moody’s, Sector In-Depth, December 14, 2017 (subscription required) Adjusted net pension liabilities (ANPLs) rose in fiscal 2016 for 42 of the 50 largest local governments, ranked by debt...
View ArticleAdjustments to US State and Local Government Reported Pension Data
Source: Moody’s, December 19, 2017 (subscription required) This cross-sector rating methodology replaces the Adjustments to US State and Local Government Reported Pension Data methodology published in...
View ArticleExamining Inequities in Teacher Pension Benefits
Source: James V. Shuls, Journal of Education Finance, Volume 42, Number 4, Spring 2017 (subscription required) From the abstract: From funding to teacher quality, inequities exist between school...
View ArticleThe Attack on Workers’ Retirement
Source: Dean Baker, Labor Notes, January 12, 2018 While many current retirees are reasonably comfortable because they have pensions, the future does not look bright for those yet to retire. Traditional...
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