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.

  • 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
  • The pension reforms states pursue generally depend on the circumstances they face, their finances, and workforce but there are some identifiable common trends.

    July 3, 2013
    Articles
  • Pension reform is not strictly the domain of state governments. Local governments across the country face similar challenges in administering their retirement programs.

    July 3, 2013
    Articles
  • This brief finds that the funded status of state and local pensions declined slightly in 2012 reflecting asset smoothing procedures from the 2008-2009 market crash.

    June 26, 2013
    Research Studies
  • An explanation of why developing a pension funding policy is essential and guidelines to follow when developing that policy.

    April 12, 2013
    Primers
  • This Government Finance Review article from Paula Sanford, public service associate, Carl Vinson Institute of Government at the University of Georgia, and Center Vice President for Research Joshua Franzel highlights steps governments should consider as the role of the supplemental defined contribution plans they offer to their employees continues to expand.

    March 27, 2013
    Articles
  • Despite having a better track record of paying the annual required contribution, locally-administered pension plans have not yet caught up with the funded levels of state-administered plans.

    January 30, 2013
    Research Studies