Archives: Pension Reform / Publications

Archives: Pension Reform / Publications

  • State of the States: An Analysis of the 2019 Governors’ Addresses image

    State of the States: An Analysis of the 2019 Governors’ Addresses

    The latest entry of the State of the States publication breaks down each governor’s “state of the state” address and identifies strong and weak policy prescriptions within. The publications also explore each states …

  • Unaccountable and Unaffordable 2018 image

    Unaccountable and Unaffordable 2018

    Unfunded liabilities in public pension plans continue to loom over state governments nationwide. If net pension assets are determined using more realistic investment return assumptions, pension funding gaps are significantly …

  • State Bonded Obligations, 2018 image

    State Bonded Obligations, 2018

    States issue a diverse array of bonded obligations, with a range of obligation strength, revenue sources, debt service schedules, and other factors. This study collects and analyzes the bonded obligations …

  • Other Post-Employment Benefit Liabilities, 2017 image

    Other Post-Employment Benefit Liabilities, 2017

    Other Post-Employment Benefit Liabilities, 2017 surveys the more than 100 state-administered post-employment benefit plans, such as health insurance, Medicare advantage, life insurance, and other non-pension benefits. Controlling for differences in …

  • Unaccountable, Unaffordable 2017 image

    Unaccountable, Unaffordable 2017

    Unaffordable and Unaccountable 2017 surveys the more than 280 state-administered public pension plans, detailing their assets and liabilities. The unfunded liabilities (the amount by which the present value of liabilities …

  • Keeping the Promise: Getting Politics Out of Pensions image

    Keeping the Promise: Getting Politics Out of Pensions

    Pensions are a valuable non-wage benefit that a large majority of state and local governments offer their employees as part of their compensation packages. With approximately $3.8 trillion in total …

  • Unaccountable and Unaffordable 2016: Unfunded Public Pension Liabilities Near $5.6 Trillion image

    Unaccountable and Unaffordable 2016: Unfunded Public Pension Liabilities Near $5.6 Trillion

    State public pension plans are now underfunded by nearly $5.6 trillion – an increase of almost $900 billion from State Budget Solutions’ (SBS) last comprehensive report in 2014.

  • Keeping the Promise: State Solutions for Government Pension Reform image

    Keeping the Promise: State Solutions for Government Pension Reform

    Navigating the difficult waters of unfunded liabilities and public pension reform can be a daunting task, which is why the American Legislative Exchange Council Center for State Fiscal Reform has …

  • State Pension Funds Fall Off a Cliff image

    State Pension Funds Fall Off a Cliff

    Executive Summary  This study examines different measures of historical and current funding shortfalls in state pension plans. Two case studies are examined in greater depth to explore some …