David Draine, a senior researcher at Pew, serves as a principal investigator and methodologist on Pew’s research agenda on state fiscal health, economic competitiveness, and other state policy issues, particularly in the area of state budgets and fiscal health.
Draine has been a lead researcher on a number of groundbreaking studies looking at state-run public employee retirement systems. Pew’s work in this area has been cited widely in national media, as well as by state and local print and broadcast outlets.
In addition to his expertise on public sector retirement benefits, Draine has conducted research and analysis across the 50 states that inform state policy decisions on a wide range of issues, including state transportation investments, state revenue systems, economic development, and mortgage lending.
He holds a bachelor of arts in history from Princeton University and a master of arts in public policy from Johns Hopkins University.
Recent WorkView All
All dollar figures in millions. Parentheses indicate negative value. States attain positive amortization if they contribute more than 100 percent of the amortizationbenchmark. Data in 2014 reflect reporting under new accounting standards. Pension debt represents the net pension liability under the new GASB rules. The value ofplan assets is reported as net plan position. The funded ratio data for... Read More
The nation’s state-run retirement systems had a $934 billion gap in fiscal year 2014 between the pensionbenefits that governments have promised their workers and the funding available to meet those obligations. Thatrepresents a $35 billion decrease from the shortfall reported for fiscal 2013. The reduction in pension debt wasdriven primarily by strong investment results, with public plans... Read More
By providing simple, constructive guidance and education, plan sponsors can help workers make sound decisionsfor managing income after retirement. Read More