Greg Mennis directs Pew’s work on public sector retirement systems. The project provides cutting-edge research on pension and retiree health promises and helps states and cities undertake evidence-based pension and retiree health care reforms.
Before joining Pew, he was assistant secretary for fiscal policy in the Massachusetts Executive Office for Administration and Finance, where he was responsible for retirement benefits policy, long-term fiscal planning, and the state’s Pay for Success financing program. In that role, Mennis led the development of Massachusetts’ successful pension reform legislation and created the state’s first long-term fiscal policy framework. He also has 15 years of experience in corporate finance and strategy, having served in a variety of roles at Citigroup and JPMorgan and as the chief financial officer and executive vice president of corporate development for a market-leading provider of retirement services technology.
Mennis is a chartered financial analyst. He has a bachelor’s degree in finance and public communications from Syracuse University and a master’s degree in public administration from the Kennedy School of Government at Harvard University.
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All figures presented are as reported in public documents. The main data sources used for this report were the Comprehensive Annual Financial Reports (CAFRs) produced by each state and pension plan for fiscal year 2013, actuarial reports and valuations, and other state documents that disclose financial details about public employment retirement systems. Pew collected data for over 230 pension... Read More
The nation’s state-run retirement systems had a $968 billion shortfall in 2013 between pension benefits governments have promised to their workers and the funding available to meet those obligations—a $54 billion increase from the previous year. Read More
State-run retirement systems faced a $968 billion shortfall in 2013 between pension benefits promised to government workers and the funding needed to meet those obligations, a $54 billion increase from the previous year, according to a brief released today by The Pew Charitable Trusts. Read More