Equable
Secure Retirements.
Sustainable Solutions.
Stronger Communities.
Where data meets policy: Research & analysis to build public retirement systems that work — for every public worker and the communities they serve.
Info for
Public Workers
Your retirement was earned and you deserve to understand it. Equable’s research and educational resources can help you better understand your financial future.
Journalists
From financial market news cycles to school board budgets, Equable’s expert analysis, research, and data can help inform and support your reporting.
Advocates
From financial market news cycles to school board budgets, Equable’s expert analysis, research, and data can help inform and support your reporting.
Policymakers
Stay ahead of emerging challenges with evidence-based research that supports sound, sustainable retirement policy.
At a glance
82.5%
The funded ratio for U.S. state and local pension plans as of December 31st, 2025. The funded ratio has not risen above 84% since the great financial crisis.
$1.27 Trillion
Total Pension Funding Shortfall as of December 31st, 2025.
Signature reports
State of Pensions
State of Pensions is Equable Institute’s annual report on the status of statewide public pension systems, put into a historic context.
Retirement Security Report
The Retirement Security Report (RSR) is a comprehensive, interactive assessment of the quality of benefits being offered to public sector workers nationwide.
Hidden Education Funding Cuts
Hidden Education Funding Cuts analyzes state and local K-12 education spending relative to growing teacher pension debt.
About
About Equable
Equable Institute is a bipartisan nonprofit dedicated to making public retirement systems work. When retirement systems are sustainable and well-designed, they strengthen the public services communities depend on and put every public worker on a path to retirement security.
Contact Us
Have questions? We’re here to help.
Dive Deeper
Benefits
Explore research, data, news, and analysis on the retirement benefits that serve millions of public employees across the country.
Funding
Dive into research, data, news, and analysis on how public retirement systems are financed, managed, and sustained over the long term.
Investment Policy
Discover research, data, news, and analysis on the investment strategies and policies that shape public retirement system portfolios.
Transparency
Access research, data, news, and analysis on efforts to improve public pension fund transparency, governance, and accountability.
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