Who Benefits?
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The State of Connecticut is subsidizing school districts by directly paying for all costs of teacher pensions. This Per Pupil Pension Subsidy allocates more dollars […]
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Public Pension Debt Paralysis Persists
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State and local governments paid a record amount into their public retirement systems in 2023 — 30.4% of the salaries paid to public workers, or […]
State of Pensions 2024
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Which Pension Funds Could Be Affected by the Forced Sale of TikTok?
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There are at least 21 state and local public pension funds that could be affected by the recently approved law forcing a sale of TikTok. […]
Teacher Pension COLAs in 2023
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A key feature of teacher pension plans is that they offer guaranteed income for life. But unless the purchasing power of that pension income keeps […]
Public Pension COLAs in 2023
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A key feature of defined benefit pension plans is that they offer guaranteed income for life. But unless the purchasing power of that income keeps […]
Pension Plan Funded Ratio Rankings 2023
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At the end of fiscal year 2023, the average funded ratio for American public pension plans was 78.1%. While this is a modest improvement over […]
Instacart and Valuation Risk
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When the grocery-delivery service Instacart became a public company in September 2023 it meant the culmination of a decade-long investment for seven public pension funds. […]
STRS Ohio Needs More Money.
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Previous reforms to STRS Ohio have failed to adequately address persistent underfunding that threatens the income security of retired teachers and the budget stability of school districts.
The math is clear: more needs to be done.
Unfunded Liabilities for State Pension Plans in 2023
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Based on funded ratio, Tennessee, Washington, Utah, South Dakota, and Washington, D.C. have the best funded public pension plans in the United States, as of […]