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 …
Jean-Pierre Aubry
June 25, 2019
April 9, 2019
Issue Brief
Maintaining Target Allocations: Effects on Plan Performance
by Jean-Pierre Aubry and Kevin Wandrei
January 29, 2019
Issue Brief
Impact of Public Sector Assumed Returns on Investment Choices
by Jean-Pierre Aubry and Caroline V. Crawford
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
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
August 8, 2018
Issue Brief
How Do Fees Affect Plans’ Ability to Beat Their Benchmarks?
by Jean-Pierre Aubry and Caroline V. Crawford
The brief’s key findings are: One way that public pension plans assess their investment performance is to compare returns by asset class to selected benchmarks. …
July 18, 2018
Issue Brief
What Explains Differences in Public Pension Returns Since 2001?
by Jean-Pierre Aubry, Anqi Chen, Alicia H. Munnell and Kevin Wandrei
April 17, 2018
Issue Brief
How Have Pension Cuts Affected Public Sector Competitiveness?
by Laura Quinby, Geoffrey T. Sanzenbacher and Jean-Pierre Aubry
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. …
December 21, 2017
Issue Brief
The Funded Status of Local Pensions Inches Closer to States
by Jean-Pierre Aubry, Caroline V. Crawford and Alicia H. Munnell
The brief’s key findings are: Since 2001, the aggregate funded status of local pension plans has lagged behind that of state plans, but the gap …
October 24, 2017
Issue Brief
How Have Municipal Bond Markets Reacted to Pension Reform?
by Jean-Pierre Aubry, Caroline V. Crawford and Alicia H. Munnell
The brief’s key findings are: Bond rating agencies have begun accounting for public pension funding and have cited pensions in several downgrades. As a result, …