Alicia H. Munnell

The brief’s key findings are: Public pension plans have boosted their holdings in alternative assets, defined as private equity, hedge funds, real estate, and commodities. This shift …

The brief’s key findings are: In 2015, the funded ratio of state and local pensions using traditional accounting rules, with smoothed asset values, rose from …

The brief’s key findings are: County governments play only a limited role in most states, but in a handful of states they are major public …

The brief’s key findings are: State and local OPEB liabilities, largely retiree health, have received growing attention due to rising health costs and a change …

The brief’s key findings are: Half of private sector workers are not covered by an employer-sponsored retirement plan. The federal government has made no progress …