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
For the past several years, policymakers across the country have been taking a close look at state and local retirement systems. Since 2009, 48 states have enacted retirement plan changes, with some states enacting multiple reforms,1 in an effort to make pension plans more fiscally sustainable. Read More
During during the past decade, public pension plans have increasingly turned to alternative investments such as private equity, hedge funds, real estate, and commodities to achieve their target investment returns. Read More
This fact sheet has been revised since initially issued to reflect updated data and feedback from five states (ID, MD, NH, NJ, SD). As a result, total pension debt facing state pension plans has been revised to $915 billion from $914 billion. Pew analysis also shows that 15 states made their full contributions rather than 14. Read More