The Funding of State and Local Pensions: 2012-2016
The Funding of State and Local Pensions: 2012-2016 by Alicia H. Munnell, Jean-Pierre Aubry, Josh Hurwitz and Madeline Medenica SLP#32. Boston College, Center for Retirement Research “The brief’s key findings are: During 2012, using current GASB standards, the funded status of public plans declined slightly from 75 percent to 73 percent. This decline reflected slow asset growth, which was only partly mitigated by reduced liability …