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
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 …
November 15, 2016
Issue Brief
New Developments in Social Investing by Public Pensions
by Alicia H. Munnell and Anqi Chen
April 1, 2014
Issue Brief
Effects of Pension Changes on Retirement Security
by The Center for State and Local Government Excellence and National Association of State Retirement Administrators
The brief’s key findings are: Pension reforms reduced the amount of retirement income new employees can expect to receive compared with that of existing employees. …