SLGE’s infographic shows state and local pension FY16 distributions of funded ratios, required contributions paid, and assumptions.
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SLGE’s infographic shows trends in the state and local government compensation, including total compensation, compensation breakouts by component, and comparisons to the private sector.
SLGE’s infographic shows trends in the state and local government workforce, including employment by sector, total employment, hiring and turnover, job openings, as well as age distribution and tenure.
Succession planning continues to be a top workforce issue identified by state and local human resource officials; however, many organizations have not yet developed formal succession plans.
State and local government retirement systems have significant oversight and disclosure requirements, some of which are being considerably modified. Several new and separate public pension calculations are being published – each derived in different manners and for distinct purposes – and could easily be misunderstood and create confusion. Check out the fact sheet for ten key takeaways regarding existing disclosures, Read More
Key data points on local and state government employment and compensation from an analysis of U.S. Bureau of Labor Statistics (BLS) data sets. (11/15)
Understanding public pension data has become more complex as GASB, the rating agencies, and governments themselves may all be using different sets of pension numbers for different purposes. The Center, ICMA, and other leading national associations representing state and local governments, agencies, and officials, have developed a one-page summary to help explain the differences among these numbers; how each has its own intended purpose and audience; and new resources available to lawmakers to address pension funding.
These fact sheets update the case studies in Strengthening State and Local Government Finances: Lessons for Negotiating Public Pension Plan Reforms (September 2011). Governments include Iowa, Oregon, Vermont, Gwinnett County (GA), Houston (TX), and Denver (CO).
A sampling of states that have defined benefit plans — Colorado, Connecticut, Maryland, Nevada, Ohio, and Wisconsin
Four pension systems — Delaware, Illinois Municipal, Iowa, and North Carolina — have maintained a funding ratio of more than 80 percent in their defined benefit plans, even after the economic downturn of 2008. Learn more about how they did it.