The Public Sector Retirement Systems Project conducts and publishes groundbreaking research on the fiscal challenges state and cities face from their pension and retiree health promises.
Research & AnalysisView All
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
The challenges of managing growing public pension costs while recruiting and retaining a strong workforce haveprompted policymakers across the country to take a closer look at the way they deliver retirement benefits toemployees. Ten states have adopted hybrid pension plans that combine smaller, defined benefit pensions withdefined contribution plans. Read More