Jean-Pierre Aubry

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 …

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. …

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. …

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 …

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, …

The brief’s key findings are: In 2016, the funded ratio of state and local pensions declined under both old and new accounting rules. This decline reflected steady …

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: Since the financial crisis, 74 percent of state plans and 57 percent of large local plans have cut benefits or …