Pension Integrity Project
The Pension Integrity Project at Reason Foundation offers pro-bono consulting to public officials and other stakeholders to help them design and implement pension reforms that improve plan solvency and promote retirement security.
This new interactive tool shows how one year of bad returns can affect the funding status of public pension plans and previews the challenges ahead for state-run pensions.
States across the nation owed $1.2 trillion in pension debt going into the COVID-19 economic crash. Depending on where current fiscal year investment returns fall, total unfunded liabilities could increase to between $1.5 trillion and $2 trillion.