Forecast: State pension debt totals $1.3 trillion at the end of 2023

Sep 26, 2023 · Newly released forecasting by the Pension Integrity Project indicates that state pension systems will likely remain at historically high debt levels. Based on an estimated …

$1
OFF

Forecast: State Pension Debt Totals $1.3 Trillion At The End Of 2023

2 weeks from now

Sep 26, 2023 · Newly released forecasting by the Pension Integrity Project indicates that state pension systems will likely remain at historically high debt levels. Based on an estimated …

reason.org

$1
OFF

State Pension Debt Totals $1.3 Trillion—Report - Heartland Daily …

2 weeks from now

Oct 19, 2023 · Newly released forecasting by the Pension Integrity Project indicates that state pension systems will likely remain at historically high debt levels. Based on an estimated …

heartlanddailynews.com

089%
OFF

State Of Pensions 2023 - PERA

2 weeks from now

Jun 30, 2023 · and 2022 pension debt payments have increased 2,089% (Page 16). Takeaways from the 2023 Report Pension funds have more money in alternative investments like private …

mnpera.org

7%
OFF

State Pension Tracker: Illinois Has Second Largest Pension Debt In ...

2 weeks from now

Oct 4, 2023 · Based on an estimated annual investment return of 7% for public pension plans, Reason Foundation forecasts the 118 state pension systems analyzed nationwide have $1.3 …

thecentersquare.com

3%
OFF

U.S. States' Fiscal 2023 Liabilities: Stable Debt, With Pension And ...

2 weeks from now

Oct 23, 2024 · U.S. state debt levels remained relatively flat in fiscal 2023 compared with 2022, declining a modest 1.3%. S&P Global Ratings attributes this year-over-year decline to a …

spglobal.com

0%
OFF

State Pension Tracker - Reason Foundation

2 weeks from now

State Pension Tracker; About; See Full Data. 2023 Return: 7.0% ⓘ-+ State. Plan. Alabama . US AK ME VT NH WA ID MT ND MN MI NY MA RI OR UT WY SD IA WI IN OH PA NJ CT CA NV …

reason.org

8%
OFF

US Public Pension Funding Poised To Rebound In 2023 Reporting

2 weeks from now

Oct 19, 2023 · The aggregate funded ratio for U.S. state and local retirement systems is expected to improve to 78.8% in fiscal 2023 from 75.0% in fiscal 2022 when final numbers are released, …

ai-cio.com

$1.59
OFF

Reason Foundation Report Spotlights $1.59 Trillion In Public …

2 weeks from now

Oct 18, 2024 · Leveraging data from 191 state and local public pension systems in the United States, the report shows total public pension debt rose to $1.59 trillion at the end of 2023, …

reason.org

$1
OFF

Forecast: State Pension Debt Totals $1.3 Trillion At The End Of 2023

2 weeks from now

Sep 26, 2023 · Newly released forecasting by the Pension Integrity Project indicates that state pension systems will likely remain at historically high debt levels. Based on an estimated …

beforeitsnews.com

10%
OFF

States' Unfunded Pension Liabilities Persist As Major Long-Term ...

2 weeks from now

But the magnitude of pension challenges has varied widely. Nine states’ pension debt was greater than 10% of personal income in fiscal 2019. New Jersey’s unfunded pension liability was the …

truthinaccounting.org

3%
OFF

Pensions Got A Boost From Strong Markets In 2024, But

2 weeks from now

6 days ago · State and local pension returns exceeded expectations at 10.3% in 2024, thanks to strong stock markets. While last year's returns were beneficial for the financial outlook of the …

investopedia.com

76%
OFF

Annual Pension Solvency And Performance Report

2 weeks from now

Sep 30, 2024 · The median funded ratio of public pension plans stood at 76% at the end of 2023, but stress tests suggest that another economic downturn could significantly increase unfunded …

reason.org

$1
OFF

Reason Foundation On LinkedIn: Forecast: State Pension Debt …

2 weeks from now

Forecast: State pension debt totals $1.3 trillion at the end of 2023 - Reason Foundation https://reason.org

linkedin.com

$2
OFF

The Accuracy Of CBO’s Budget Projections For Fiscal Year 2024

2 weeks from now

In May 2023, CBO projected that realizations of capital gains would decline sharply from their historical high of $2.0 trillion in calendar year 2021 to $1.5 trillion in calendar year 2023. …

cbo.gov

$1
OFF

Pension Integrity Project - Reason Foundation

2 weeks from now

Sep 26, 2023 · Forecast: State pension debt totals $1.3 trillion at the end of 2023 California, Illinois, New Jersey, and Texas have the most public pension debt. Data Visualization by …

reason.org

36%
OFF

#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

2 weeks from now

MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

youtube.com

$100
OFF

#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

2 weeks from now

2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

9%
OFF

States Should Use Budget Surpluses To Pay Down Public Pension Debt

2 weeks from now

Oct 21, 2024 · In 2020, the funded status for the pension system’s tier 1 and tier 2 members was 46.9%. Over the next three years, additional contributions from the state and local employers …

reason.org

FAQs about Forecast: State pension debt totals $1.3 trillion at the end of 2023 Coupon?

How much is the state pension debt in 2023?

In 2020, 2022, and now 2023, total state pension debt amounts were around the current level of $1.3 trillion, the highest total state pension debt ever seen. Funded ratios have improved gradually over that time—but very slowly. ...

How much money does a state pension system have in unfunded liabilities?

Based on an estimated annual investment return of 7% for public pension plans, Reason Foundation forecasts the 118 state pension systems analyzed have $1.3 trillion in total unfunded liabilities at the end of the 2023 fiscal year. ...

Which states will have a pension surplus in 2023?

New York is the other state project to have a surplus ($8.7 billion) at the end of 2023. The other 48 states are projected to have public pension debt after their 2023 fiscal years. California has the largest amount of unfunded public pension liabilities, estimated at $245 billion after the 2023 fiscal year. ...

What is the impact of public pension debt on taxpayers?

Public pension debt passes massive costs on to taxpayers and puts significant pressure on state and local budgets. Reason Foundation’s State Pension Tracker provides a view of 118 state-managed public pension funds, presenting both historical data and projections for the 2023 fiscal year. ...

Which states have the most public pension debt?

California, Illinois, New Jersey, and Texas have the most public pension debt. Newly released forecasting by the Pension Integrity Project indicates that state pension systems will likely remain at historically high debt levels. ...

Which state has the best pension funding in 2023?

Assuming a 7% return for the 2023 fiscal year, on a funded ratio basis, the state with the best pension funding is Washington, which sits at around 107% funded and has a surplus of $8 billion. New York is the other state project to have a surplus ($8.7 billion) at the end of 2023. ...