The brief’s key findings are: To improve the funded status of state and local pensions, many plan sponsors have cut benefits, particularly for new hires. …
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February 5, 2013
April 17, 2018
Issue Brief
How Have Pension Cuts Affected Public Sector Competitiveness?
by Laura Quinby, Geoffrey T. Sanzenbacher and Jean-Pierre Aubry
November 11, 2007
Issue Brief
Why Have Defined Benefit Plans Survived in the Public Sector?
by Alicia H. Munnell, Kelly Haverstick and Mauricio Soto
April 12, 2022
Working Paper
What Share of Noncovered Public Employees Will Earn Benefits that Fall Short of Social Security?
by Jean-Pierre Aubry, Siyan Liu, Alicia H. Munnell, Laura Quinby and Glenn Springstead
September 11, 2018
Working Paper
Spillovers from State and Local Pensions to Social Security: Do Benefits for Uncovered Workers Meet Federal Standards?
by Laura Quinby, Jean-Pierre Aubry and Alicia H. Munnell
November 13, 2020
Working Paper
Do State and Local Government Employees Save Outside of Their Defined Benefit Plans When They Need To?
by Laura Quinby and Geoffrey T. Sanzenbacher
October 19, 2011
Working Paper
How Prepared Are State and Local Workers for Retirement?
by Alicia H. Munnell, Jean-Pierre Aubry, Josh Hurwitz and Laura Quinby
March 16, 2021
Issue Brief
Do Smaller Public Employer Pensions Spur More Saving?
by Laura Quinby and Geoffrey T. Sanzenbacher
September 3, 2019
Issue Brief
Investment Update: How Do Public Plans Value Their Assets?
by Jean-Pierre Aubry and Kevin Wandrei
October 30, 2018
Issue Brief
Stability in Overall Pension Plan Funding Masks a Growing Divide
by Jean-Pierre Aubry, Caroline V. Crawford and Kevin Wandrei
The brief’s key findings are: Under traditional accounting rules, the aggregate funded ratio for state and local pension plans in 2017 was 72 percent, largely unchanged from …