Certain mortality projections would increase life expectancy by2.3 years and reduce the funded ratio of the nation’s publicpension plans to 67 percent.

That’s according to a just-out brief from the Center for Stateand Local Government Excellence, “HowWill Longer Lifespans Affect State and Local Pension Funding?”which concludes that, while the impact of longer lives is notexactly a positive for funds, there’s no imminent threat to pensionfunding levels.

It explores what public plan liabilities and funded ratios wouldlook like under two alternative scenarios:

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 BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

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