Users can see how pension funds in each state invest their assets, how much they pay in fees and what their investment returns look like over the last several years. (Photo: Shutterstock)
Sponsors and participants can track how well (or poorly) funded a state public pension is with a new online tool from the Pew Charitable Trusts.
Considering that states face an unfunded pension liability shortfall of more than $1 trillion, the question of whether a given state's plan will be able to provide the funds it's promised to workers and retirees looms large in every public employee's future.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
