State Debt Series Unaffordable and Unaccountable 2017 surveys the more than 280 state-administered public pension plans, detailing their assets and liabilities. The unfunded liabilities (the amount by which the present value of liabilities…
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Publication Pensions are a valuable non-wage benefit that a large majority of state and local governments offer their employees as part of their compensation packages. With approximately $3.8 trillion in total…
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Publication State public pension plans are now underfunded by nearly $5.6 trillion – an increase of almost $900 billion from State Budget Solutions’ (SBS) last comprehensive report in 2014.
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Publication Navigating the difficult waters of unfunded liabilities and public pension reform can be a daunting task, which is why the American Legislative Exchange Council Center for State Fiscal Reform has…
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Publication Executive Summary This study examines different measures of historical and current funding shortfalls in state pension plans. Two case studies are examined in greater depth to explore some…
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