State of Pensions 2022
Negative financial returns expose how vulnerable state and local plans are to market volatility.
What is the State of Pensions in 2022?
The Effect of On-Going Global Conflict
Efforts to divest from Russian assets were formally adopted in 23 states, including:
The primary effect of the Russian-Ukraine war has been to put downward pressure on financial markets generally.
Within the Trends: State & Local
Among all statewide plans, 153 out of 167 have reported their final 2021 figures. Among local plans 42 out of 61 have reported their 2021 data.
Spotlight: State of Inflation Protection
Inflation protection is important for ensuring benefits continue to provide retirement income security as intended.
Looking to the Future