Trends in State Retirement Systems
Systems are battling back utilizing new plan structures, alternative investments, and corporate activism to improve their fiscal positions. The recent recession and current demographic trends have had a serious impact on state-administered public employee retirement systems. This article will present information about the current condition of state-administered public employee retirement systems, the problems they face, and the solutions they are employing.
About the Author
Frank Baumgardner is a statistician with the U.S. Census Bureau. He received a B.S. from Miami University in economics and decision sciences. He began his career with the U.S. Census Bureau in 2003 with the Governments Division where he focuses on state and locally administered public employee retirement system statistics.