- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Congress Bails Out Some Pension Plans, but Does Nothing to Fix the Problem
Years of balance sheet gimmicks mean trillions in unfunded liabilities. Read more at Discourse.
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
COVID Stimulus Won’t Cure the Pension Pandemic
Public sector pensions should've been prepared to weather the pandemic recession without outside help. Read more at the Finger
- | Urban Economics Urban Economics
- | Policy Briefs Policy Briefs
Analyzing the Unfunded Pension Risk of Local Governments
As local governments have entered the COVD-19 crisis, they have faced varying cost burdens from previously promised employee
- | Expert Commentary Expert Commentary
The Coronavirus Has Made Connecticut’s Unfunded Pension Problems Even Worse
Connecticut's pension system is in bad shape, and sacrifices will be necessary, but better data could help stakeholders make the
- | Policy Briefs Policy Briefs
Pandemic Recovery and State and Local Pension Reform
In 2019, few could have predicted that state and local pension funds would be faced with a pandemic that would slash state and
- | Government Spending Government Spending
- | Policy Briefs Policy Briefs
Public Sector Pensions and the COVID-19 Shock
The COVID-19 pandemic was largely unforeseen, but one effect was predictable: that an economic shock would push a number of
- | Government Spending Government Spending
- | State Testimonies State Testimonies
Pennsylvania's Fiscal Health: Current Status and Recommendations for Improvement
Good morning, Representative Grove and members of the York County Legislative Delegation.My name is Eileen Norcross. I am vice
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Tim Ryan’s Good Idea to Shield Workers’ Pensions
On May 20, Rep. Tim Ryan (D., Ohio) introduced the Prioritizing Our Workers Act of 2019, also introduced in the Senate by Sen

- | Urban Economics Urban Economics
- | Expert Commentary Expert Commentary
State Pensions Plans Are In Bad Shape But Reforms Can Help
Adam Millsap writes on the need to reform state pension plans.Read it at Forbes.
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Averting the Multiemployer Pension Solvency Crisis
Earlier this year, federal lawmakers established the Joint Select Committee on Solvency of Multiemployer Pension Plans to

- | Urban Economics Urban Economics
- | Expert Commentary Expert Commentary
State Fiscal Health: What Are Common Traits among the Consistently Good and Bad States?
This year’s Ranking the States by Fiscal Condition report can tell you how your state’s fiscal health compares to other states

- | Urban Economics Urban Economics
- | Expert Commentary Expert Commentary
Why Is Illinois Ranked as the Least Fiscally Healthy State?
This year Illinois falls to last place in our annual Ranking the States by Fiscal Condition report, coming after Kentucky (46th)

- | Government Spending Government Spending
- | Research Papers Research Papers
Averting the Multiemployer Pension Solvency Crisis
The Pension Benefit Guaranty Corporation (PBGC) multiemployer pension insurance program faces projected insolvency, driven by
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Pension Crisis You May Not Know about Yet
What is a multiemployer pension?A multiemployer pension plan is a private sector defined benefit pension, sponsored jointly by a

- | Urban Economics Urban Economics
- | Working Papers Working Papers
The California Rule and Its Potential Abolition
California’s pension system faces a significant fiscal crisis—but also a real opportunity for reform. So argues Scott Andrew
- | Urban Economics Urban Economics
- | Expert Commentary Expert Commentary
Without Pension Reform, Retirees Lose
US governments have managed their public pensions in a variety of ways, but almost all are in need of a course correction. Tracy
- | Urban Economics Urban Economics
- | Research Papers Research Papers
State Fiscal Rankings | 2018 Edition
This study ranks the 50 states according to their financial condition. How does your state rank?
- | Urban Economics Urban Economics
- | Expert Commentary Expert Commentary
NJ Must Make Painful Fixes to Reverse the Fiscal Crisis
New Jersey state government is staring down a fiscal crisis. This summer, Governor Murphy and the New Jersey state legislature
- | Urban Economics Urban Economics
- | Working Papers Working Papers
The New Jersey Pension Crisis
New Jersey’s pension-funding crisis is among the worst in the country. For years, the state has made generous pension promises
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Assumptions Matter for Illinois Pension Buyout
This post has been edited to reflect updated calculations by the author.Illinois, a state well-known for its severe budget
