Pensions
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The Widening Gap Update
The gap between the promises states have made for public employees’ retirement benefits and the money they have set aside to pay these bills was at least $1.38 trillion in fiscal year 2010. more
The LATEST
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- Stateline Story
Cuomo's Pension Proposal Riles Unions
TODAY'S TAKE: New York's governor has a plan that he says would save state and local governments $113 billion over 30 years by reducing guaranteed pension benefits to public workers. The groups representing those workers aren't happy about it. more
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- Stateline Story
Pension Plans Look Toward Rate of Return
Preoccupied for the last several years with their future cost burdens, public pension managers are starting to think more about how to get a bigger payback on the money they invest.more -
- Stateline Story
Pension Vote in Rhode Island Shows Changing Political Times
PROVIDENCE, Rhode Island - How did an overwhelmingly Democratic state legislature and a union-backed governor come to approve the toughest public pension cuts in the nation?more -
- Analysis
- States' Fiscal Health
Rhode Island Plan Enacts New Approach to States’ Pension Woes
Faced with rising pension costs, Rhode Island passed a set of reforms to its public sector retirement system that go further than what any other state has done. The bill is unprecedented, both in terms of the employees it will affect and the scope and scale of changes to their benefits.
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- Data Visualizations
- States' Fiscal Health
Rhode Island Overhauls Public Pensions
Faced with rising pension costs, Rhode Island passed changes to its public sector retirement system that go further than the reforms of any other state. more
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- Stateline Story
Far-Reaching Pension Overhaul Set to Become Law in Rhode Island
TODAY'S TAKE: Legislators in Rhode Island have passed a contentious measure to rein in the state's exploding public pension costs. Opponents have threatened a lawsuit, saying the lawmakers "are trying to solve a 40-year-old problem in one day."more -
- Stateline Story
San Francisco Voters Approve Pension Cutbacks
A coalition of business and labor groups won passage of a ballot measure reducing pension benefits for San Francisco's public employees. The question is how far it will go in solving the city's serious long-term pension finance problems.more -
- Stateline Story
A New Pay System for Wisconsin State Workers
MANAGEMENT BEAT: Wisconsin's new compensation plan for state employees, the first in decades to be drafted without significant worker participation, freezes pay and creates a controversial new method of rewarding employee performance.more -
- Stateline Story
Rhode Island Begins Debate Over Ballooning Pension Obligations
TODAY'S TAKE: Hundreds of demonstrators are expected in Providence today (October 26) as state lawmakers hold their first public hearing on a major overhaul of the state pension system, one that asks more of current retirees as well as future pensioners.more -
- Q & A
- States' Fiscal Health
Sue Urahn: State Pensions and Retirement Benefits
Sue Urahn, managing director for the Pew Center on the States, discusses what progress has been made, suggests actions states must take and offers solutions states should consider.
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