Public Sector Pensions: How Well Funded Are They, Really? American Enterprise Institute. July 19, 2012.
The financial health of defined benefit pension plans for state and local government workers is a matter of concern for elected officials, taxpayers and the financial markets, all of whom worry about governments’ long-term ability to meet their financial obligations. These pension plans have come under increased scrutiny as funding levels have dropped and required contributions have risen. [Note: contains copyrighted material].
[PDF format, 28 pages, 445.60 KB].
