State, Municipal Retirement Systems Remain Stuck in ‘Pension Debt Paralysis’
Equable projected that state and local public pension plans will have an average funded status of 80.6% in 2024.
Tag: public pension plan funding
Rising Markets Boost U.S. Public Pension Funding
The aggregate funded levels of the 100 largest public pension funds grew to 74.7% during November, up from 71.6% in...
Market Volatility Cuts Public Pension Funded Ratios
The aggregate funded ratio for the 100 largest public pension funds fell to 69.3% in September, Milliman found.
June Slump Causes $262 Billion Drop in U.S. Public Pensions’ Assets
Funded ratio for the 100 largest U.S. public funds fell to 74.0%
City and County Retirement Systems Struggling With Funding
While research suggests the funded status of state and local pension plans is inching closer to that of state pension...