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State of Pensions

Equable Institute’s annual report on the financial status of state and local public pension systems, put into a historic context. 

Our Annual Report

About State of Pensions

Governments face a wide range of challenges in general – and some of the largest are growing, and often unpredictable, pension costs. State of Pensions analyzes trends in public pension funding, investments, contributions, cash flows, and benefits for 225 of the largest statewide and municipal retirement systems in all 50 states to illuminate the scale and effects of these challenges.

Previous Editions of State of Pensions

Financial Resilience Report

Want to understand the State of Pensions at the state, system or plan-level? Equable’s Financial Resilience Report is an interactive tool that provides a custom overview of pension fund fiscal health on 7 key metrics featured in State of Pensions.

The Public Retirement Research Database

Want to dive deeper into Equable’s data? The Public Retirement Research Database features comprehensive open-source data on public retirement finance, benefits, and beyond.

State of Pensions FAQs

Here are some common questions we receive regarding our State of Pensions Report.

Retirement Security Report

Interested in knowing more about the health of retirement benefits? The Retirement Security Report (RSR) is a comprehensive, interactive assessment of the quality of benefits being offered to public sector workers nationwide.