Public Pensions In a Better Place, but Still not Whole

Source: Capitol Ideas, What’s Next: Case Studies, Vol. 56 no. 1, January/February 1013

..Oklahoma is one of 45 states that have made meaningful changes to their public pension plans since 2010. And some that have made changes are facing lawsuits challenging those changes. While those changes have helped, states still face an unfunded liability for the pension programs for retirees. That means even though those changes are cutting into the unfunded liability levels, states are continuing to look at how to increase solvency for state pension plans….