Trends in State-Administered Public-Employee Retirement Systems
An aging workforce presents challenges for the future of pension plans, but measures to address any problems are already being devised and implemented. The question may not be so much whether future retirees will be adequately compensated, but rather, how policy-makers will shape the pension plans of tomorrow in order to maintain the relatively consistent quality of previous plans.
About the Author
Benjamin J. Shelak is an analyst in the Governments Division of the U.S. Census Bureau. He specializes in public-employee retirement system financial information. His publications include “The Impact of the Underground Economy on State Finances” and The Shipwrecks of Lake Michigan.