In a case of "who are you going to believe, exactly," the news today suggests that some public pensions are in fact well-funded and totally sustainable for the future – though we keep hearing much to the contrary.

The 2012 National Conference of Public Employee Retirement Systems Public Fund Study, which looked at the finances and fortunes of nearly 150 public pension funds across the country, says that things are looking good for those surveyed, both now and in the future.

The participating funds, 84 percent of which were local pension funds, showed an average funded level of almost 75 percent, down a percent from last year, and both short-term and long-term returns suggest improvement in their funded status.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.