Pension Reform News: $1.3 trillion in state pension debt, …

Oct 19, 2023 · The latest year’s results are also presented alongside a 20-year funding history. Based on an estimated annual investment return of 7% for public pension plans, Reason …

7%
OFF

Pension Reform News: $1.3 Trillion In State Pension Debt, …

2 weeks from now

Oct 19, 2023 · The latest year’s results are also presented alongside a 20-year funding history. Based on an estimated annual investment return of 7% for public pension plans, Reason …

reason.org

$1
OFF

Reason Foundation - State Pension Tracker

2 weeks from now

State Pension Tracker. According to annual valuation reports, unfunded retirement obligations owed to public workers by state-sponsored pension plans now exceed $1.3 trillion. Most states …

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

$1
OFF

NJ Pension Fund Is Crossing The Tipping Point - Bergen Record

2 weeks from now

Dec 15, 2021 · As a result, New Jersey’s problem has grown faster than other states: nationally, unfunded state and local government pension liabilities remained roughly stable at about $1 …

northjersey.com

$86
OFF

An $86 Billion Moral Hazard - Reason.com

2 weeks from now

May 27, 2021 · America's various state and city pension plans are an estimated $4 trillion in the red. Start your day with Reason . Get a daily brief of the most important stories and trends …

reason.com

$2
OFF

Progress On State Public Pension Reforms | The Pew Charitable …

2 weeks from now

May 20, 2019 · By 2016, that gap had reached $2 trillion. Pensions alone left a $1.35 trillion hole in state balance sheets while states continued to fall short on adequately funding these …

pewtrusts.org

6%
OFF

2022 Marks A Return To Pension Funding Woes For States - Reason …

2 weeks from now

Jul 14, 2022 · Based on a -6% return for fiscal 2022, the aggregate unfunded liability of state-run public pension plans will be $1.3 trillion, up from $783 billion in 2021, the Pension Integrity …

reason.org

5%
OFF

Biden Signs Social Security Fairness Act: Who Gets Increased …

2 weeks from now

Jan 6, 2025 · The move comes as Social Security recipients are receiving a 2.5% cost-of-living adjustment (COLA) in 2025.. Here is what to know about the bill and who will be eligible for the …

usatoday.com

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

$1
OFF

Reason Foundation Pension Reform Newsletter #94

2 weeks from now

Jul 20, 2022 · Window Closing for Pension Obligation Bonds ; News in Brief Quotable Quotes on Pension Reform Data Highlight. State Pensions Again Exceed $1 Trillion in Unfunded …

reason.org

$1
OFF

How Much Teachers Contribute To Their Retirement Benefits In Each …

2 weeks from now

Jul 23, 2024 · Since most state-run pensions operate with significant pension debt—aggregate state pension debt is estimated to be $1.3 trillion—nearly all employer rates greatly exceed the …

reason.org

FAQs about Pension Reform News: $1.3 trillion in state pension debt, … Coupon?

Will state pension debt go back to $1 trillion?

Great results from 2021 seemed to finally break this barrier, with the year’s historically positive investment returns reducing state pension debt to about $783 billion. Now, state-run pension plans will again see unfunded liabilities jump back over $1 trillion, assuming final 2022 results end up at or below 0%. ...

How much do state pension plans owe public workers?

According to annual valuation reports, unfunded retirement obligations owed to public workers by state-sponsored pension plans now exceed $1.3 trillion. Most states have seen their pension debt grow, and many are struggling to get back to full funding. ...

Why have pension funds risen so much in the past 30 years?

The improvement was mostly due to a boost in pension plan savings, the highest gains in 30 years on pension funds’ stock market investments, and from substantial increases over the past decade in state employer and employee contributions to pension funds. ...

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. ...

Is New Jersey's pension system in trouble without reforms?

A new report indicates that New Jersey's pension system for public employees is in trouble without reforms. The system costs more than most other states while offering 'generous' benefits that are increasingly going toward more retirees than active employees. ...

Are state pension plans struggling to reduce unfunded liabilities?

State pension plans, in aggregate, have struggled to reduce unfunded liabilities to below $1 trillion ever since the Great Recession, seeing this number climb to nearly $1.4 trillion in 2020. ...