By David Tony
U.S. state and local pension funds hold at least $578 billion in artificial intelligence companies as of Q2 2026, accounting for over 35% of all reported public equity investments. Read Equable Institute’s latest media brief for a fund-by-fund breakdown of AI holdings, major AI positions, and market exposure across top public retirement systems.
By David Tony
US public pension unfunded liabilities dropped to $1.13 trillion in 2026, marking the lowest shortfall since 2021 as national funded ratios reached 85.0%. Equable Institute’s 2026 analysis highlights the nation’s best and worst funded public retirement plans, comparing pension debt against state GDPs.
By David Tony
With funded ratios projected to reach 84.9% in 2026 — the highest level since 2007 — K-12 pension plans show strong signs of recovery. However, rising debt payments and an increased reliance on private capital mean critical valuation risks remain. Here is a look at what is driving the rebound and what to watch next.
By David Tony
The average national funded ratio rose to 82.5% in 2025, yet many plans remain burdened by unfunded liabilities. See which plans rank highest.
By David Tony
Artificial intelligence will touch nearly every variable that determines the health of state and local pension plans in the U.S.
By David Tony
Pension costs have grown faster than K–12 education budgets, and Oregon’s school funding formulas may not fully account for the total burden.
By David Tony
Equable Institute has issued new Retirement Security Policy Scorecards for the enacted Indiana Senate Bill 14 (SB14).
By David Tony
In 2025, the average teacher pension COLA was 1.28% compared to 2.7% CPI inflation. Explore how compounding vs. noncompounding rules and state policy frameworks impact educators’ retirement security.
By David Tony
Public pension funds report they are healthier than they’ve been in years. But the strategy used to get there has left the largest state retirement systems clustered together in the same bets.
By David Tony
While state and local retirement systems have improved across several key metrics, the state of pensions overall remains Fragile in 2026.