Research Groups Launched Comprehensive Public Plans Data Resource

Commentary

Research Groups Launched Comprehensive Public Plans Data Resource

Looking for pension data may often be arduous and time-consuming. Fortunately, a recently launched website provides easy access to comprehensive data on 150 state and local pension plans in the US. The site is the product of a joint effort by the Center for Retirement Research at Boston College (CRR), the Center for State and Local Government Excellence (SLGE), and the National Association of State Retirement Administrators (NASRA).

One can find on the website a complete data set covering all the key pension variables, including funding levels, contributions, plan expenses, investment returns, asset allocation, plan provisions, and many others. The site also provides interactive tools for users to select specific plans, variables, and graphs. For example, one can quickly generate a graph detailing the annual required contributions (ARC) over the last decade for the State Employees’ Retirement System of Illinois, and see how those required contributions compare to the US average ARC as a percentage of payroll.

In addition, users can download comprehensive annual financial reports and actuarial valuations directly from the site.

To access the website, go here.

Truong Bui is a policy analyst at Reason Foundation, where he works on the Pension Integrity Project.