man at computer Public employers must provide disclosure of their pension plan obligations on their annual financial statements to the public, but the consequences of these disclosures are not yet fully realized. (Photo: Shutterstock)

The public sector is far-reaching, spanning many professions across government agencies, including schools, hospitals, research organizations and more. With such an extensive network of employees, the public sector retirement plan space touches far more individuals than one might first assume.

Historically, public employers have offered retirement plans through the defined benefit (DB) plan structure, which offered better than average benefits.

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

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical 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

Already have an account?


© 2023 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.


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.