Where Are Teachers Allowed to Join Social Security?
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More than a million teachers across the country do not participate in Social Security. There are 11 states that have totally opted out of Social […]
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Why Funded Status Matters
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The healthiest year on record for U.S. pension funds was 2001, when collectively the major retirement systems across the country reported being virtually 100% funded. […]
Pension Basics: Funded Status
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Funded status measures the dollars a pension fund has received and invested, compared to the pension payments it needs to make. Government employers have made […]
Why COLAs Matter for Retirement Security
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Everyone has their favorite moment of realizing the effects of inflation. Just five cents for a bottle of Coke? You’d be lucky to get that […]
Everything Has to Go Exactly Right for Arizona’s Pension Plan to Avoid a Sustainability Crisis
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We all make assumptions in life. We assume that when we flip a light switch that the electricity will work. We assume our taxi driver […]
The Growing Costs of Arizona’s State Retirement System are Crowding Out Teacher Pay and Education Finances
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The Arizona State Retirement System (ASRS) provides retirement income for nearly 150,000 former teachers, state workers, and civilian municipal employees across the Cactus State. The […]
Why Equable Institute Cares about Retirement Security
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For America’s states and local governments to function properly and thrive — that is, to provide effective and efficient governance — the institutions within its […]
Pension Myths & Facts: Pensions are Not Funded like Social Security
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Myth: More public employees are needed to ensure pension debt gets paid off. Fact: Pension debt is not solved by hiring more employees because pensions […]
Pension Myths & Facts: Pension Benefit Value Calculation Is Not Affected by the Assumed Rate of Return
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Myth: The assumed rate of return determines the value of your benefits. Fact: The calculation of your pension benefit value is determined using a formula […]
Pension Basics: Pension Governance
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Public pension plan management is often referred to as pension governance. How states manage – or govern – their pension systems can be complex. In […]