Alicia H. Munnell

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 …

The brief’s key findings are: During 2014, public plans adopted new accounting standards for reporting purposes but continued to use the traditional standards for funding …

The brief’s key findings are: Rising life expectancy makes defined benefit pension plans more expensive. The question is the extent to which state and local …