August 25, 2020
U.S statewide pension funds entered the COVID-19 recession profoundly weaker than they were financially going into the Great Recession, a new report on national […]
January 18, 2021
Kansas Gov. Laura Kelly recently released a budget plan that includes a proposal to cut the state’s annual contribution to its pension system by 24%. […]
January 14, 2021
Texas Comptroller Glenn Hegar recently called on state lawmakers to address long-term needs throughout the Lone Star State, including addressing the challenges associated with its […]
December 17, 2020
Download this infographic here. These graphics originally appeared in the December Update to State of Pensions 2020. Read the report at Equable.org/stateofpensions. Individual state graphics are […]
December 8, 2020
Download the report | Are Texas Teacher Retirement Benefits Adequate? Long-serving veterans who remain in the Teacher Retirement System of Texas for 27 or more years […]
September 29, 2020
Every state manages its pension funds for state workers a little differently. States also vary in how much they make state workers pay for retirement […]
September 10, 2020
Teachers and educators make up the largest group of public employees in the country. Roughly half of the pension promises made by states and cities […]
August 18, 2020
There were some positive steps taken by statewide retirement systems during the decade after the Great Recession. But the strides were not good enough. Most […]
August 18, 2020
There are many unknowns in the Age of COVID-19, but fortunately when it comes to forecasting what is likely to happen to public pension funds […]
August 18, 2020
The COVID-19 pandemic is clearly a bad thing, but were public pension plans at least getting healthier before this struck? A few state pension funds […]
August 18, 2020
A common metric for measuring the fiscal health of a pension plan is the . But on its own this metric doesn’t tell us everything […]
August 18, 2020
As a stakeholder in a public sector retirement system, you’ve watched over the past decade as states have struggled with their pension fund management and […]
August 1, 2020
A guaranteed return plan builds retirement income for participants by creating notionally personal accounts for each employee, and blending investments to be managed by a […]
August 1, 2020
In a hybrid retirement plan, your employer provides access to two compatible benefit structures at the same time. A typical hybrid plan combines a small […]
August 1, 2020
In a defined contribution plan, you and your employer each contribute a specified amount to your individual account, which is then invested in one of […]
June 24, 2020
If a police officer commits a crime in the course of performing their duties, they may be at risk of losing their pension. But only […]
May 22, 2020
Pension funds lose assets in a market downturn[1] Due to the nature of defined benefit plans, the system still needs to pay full retiree benefits, […]
May 14, 2020
The aggregate funding ratio for U.S. state pension plans decreased by 12.2 percentage points to 62.6% during the first quarter, Wilshire Consulting estimates. The quarterly […]
May 14, 2020
The City’s Annual Required Contributions to its two pension funds have increased 56% ($475 million) since Eric Garcetti was elected mayor, from $848 million to […]
May 14, 2020
New Jersey is highly likely to reduce or delay its public pension contributions because of the coronavirus, according to a report from S&P Global Ratings […]