The National Institute on Retirement Security released a study last week that analyzed six state pension plans that remained well-funded through the recession. The purpose of the study was to learn what best practices exist to keep plans financially strong.
“Lessons from Well-Funded Public Pensions” analyzed six state-level pension plans that vary in size and type of employee they represent in order to achieve a wide sample. The market value of assets in the plans in 2010 was approximately $300 billion, or 10% of total public pension assets.