State and local government leaders know that retirement benefits are important in attracting and retaining talented workers. Having easy access to reliable data about pension plans can help inform those decision makers and others interested in retirement security issues.
On April 23, the Center for State and Local Government Excellence (SLGE), the Center for Retirement Research at Boston College (CRR), and the National Association of Retirement Administrators (NASRA) announced launch of the enhanced Public Plans Data website (PPD). PPD aggregates data to provide policymakers and others a comprehensive view of public sector retirement plans. Available on the site are:
- “Quick Facts,” including asset allocations and funded ratios at the national, state, and plan levels;
- Individual and aggregated data on more than 150 state and local pension plans; and
- An interactive browser which allows users to explore data from a variety of tables.
The Public Plans Database (PPD), established in 2007, is the most comprehensive database of public retirement plan data on employee and employer contributions, benefits, investment income and fees, plan membership, and plan provisions. Users can access downloadable Comprehensive Annual Financial Reports (CAFRs) and Actuarial Valuations (AVs) for every plan included in the database. In addition, an application programming interface (API) allows users to connect directly to the PPD database and receive updates as they are made.