State of Pensions 2023
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Underperforming investments usher in a return to the stagnant funding levels seen in the decade following the Great Recession.
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Underperforming investments usher in a return to the stagnant funding levels seen in the decade following the Great Recession.
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Today, Equable Institute released a year end update to its State of Pensions 2022 report. The analysis finds the aggregate funded ratio for U.S. state and […]
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U.S. public pension plan funded ratios at the end of 2022 reflect a challenging year. The 2022 calendar year was not a great time to […]
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In the U.S., public pension vesting periods vary widely by state. There are many reasons why states might offer longer or shorter vesting periods. But […]
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Public pension contribution rates have increased considerably over the last few decades. Some governments have had sharper increases than others. In many places mandatory pension […]
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The average assumed rate of return for state pension plans in the United States is 6.9%, as of September 2022. The median is 7.0%. Equable […]
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Teacher retirement systems in 2022 are Fragile. There are 63 retirement systems offering benefits to teachers, K–12 school educators, and other public school employees. These […]
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Based on funded ratio, Wisconsin, Washington, and South Dakota have the best funded public pension plans in America. The worst funded plans are in Illinois, Kentucky, […]