Retirement


The Center is collecting best practices, principles, and lessons learned from state and local pension plan changes that have been negotiated over the past 10 years.

  • Center President & CEO Elizabeth Kellar discusses changes to Governmental Accounting Standards Board reporting standards for local pension plans in this presentation to the National Association of Counties (NACo). She also reviews Pension Funding Task Force best practice recommendations for local plans.

    March 3, 2014
    Presentations
  • This new issue brief examines the structure and terms of supplemental savings plans offered by 20 cities and counties around the country.

    February 25, 2014
    Research Studies
  • Center President/CEO Elizabeth Kellar and Vice President of Research Joshua Franzel look at how post-recession benefit changes affect the retirement strategies of new hires and what government employers can do to help them in this PM magazine cover story.

    February 24, 2014
    Articles
  • This brief explores the extent to which economic factors, poor fiscal management, and/or high pension costs contribute to the challenges cities with financial problems face.

    December 11, 2013
    Research Studies
  • Center Vice President of Research Joshua Franzel presents an overview of state and local pension plans in the U.S., and discusses a few U.S. sovereign wealth funds and retiree health care trusts, at the World Pensions Council Summit in Hong Kong.

    November 7, 2013
    Presentations
  • 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.

    November 5, 2013
    Fact Sheets
  • This brief examines how much city residents pay for pensions – not just for city pensions, but also for school district and county pensions.

    October 24, 2013
    Research Studies
  • This brief reinforces the importance of public pension plans adopting sound funding policies. The brief finds that while it is important to look at investment returns and adjust them as needed, there can be a range of outcomes, even if investment returns are met.

    September 13, 2013
    Articles
  • New pension reporting standards from the Governmental Accounting Standards Board (GASB) are creating confusion. As local governments struggle to understand and make changes, some credit reporting agencies have announced that they have yet another way to calculate pension obligations to determine a government’s credit worthiness. This webinar explains the recommendations of the Pension Funding Task Force and how to improve a pension plan’s funded position.

    August 28, 2013
    Presentations
  • Center Vice President of Research Joshua Franzel examined the status of state and local government pension plan funding and OPEB liabilities during the MSRB (Municipal Securities Rulemaking Board) Public Pension Issues Discussion Series.

    July 11, 2013
    Presentations