This brief finds that the economy has slowed the ability of local governments to address long-term funding of their retiree health care obligations.
All Research Studies
This brief sheds light on the debate between economists and actuaries over what discount rate should be used to value pension liabilities in the public sector.
This report, commissioned by the Center and the National Institute on Retirement Security (NIRS), provides an original analysis of data from the U.S. Bureau of Labor Statistics. (4/21/10)
An analysis of the effects the 2008 economic downturn has had on state and local government pension plan funding, along with future projections.
It is risky for state and local governments to shore up pensions with such bonds except in certain circumstances.
This brief takes a hard look at the options state and local governments are pursuing to reduce their unfunded liabilities for retiree health care.
This report is the first systematic (entire workforce) assessment of the level of OPEB (other post-employment benefits) liabilities of US states and a sample of localities.
An examination of the current financial status of state retiree health plans. States with the lowest unfunded liabilities include North Dakota, Wyoming, Iowa, Oregon, Rhode Island, and Oklahoma; states with the largest include New Jersey, New York, California, North Carolina, Connecticut, Louisiana, and Texas. The original 2008 brief was updated in 2009.
This brief examines the health care plans local governments are offering to their retirees, the impact of new GASB rules, and potential solutions governments may use to continue to offer the benefits. (January/February 2009)
An examination of the demographics of the state and local government workforce, the projected public sector workforce needs of the future as the baby boomer generation begins to retire, and the issues state and local government executives describe as major challenges to recruiting and retaining the next wave of public servants. Originally presented at the Labor and Employment Relations Association (LERA) meeting, January 5, 2009.