National Association of State Retirement Administrators


Fast Fact

Most states met pension fund obligations over last 13 years

Of 112 state-wide and state-sponsored public pension plans in the U.S., all but six states paid at least 75% of their annual required contribution (ARC); the average plan received 89.3% of its ARC. (Spotlight, March 2015)

28 states have some type of pension forfeiture laws or policies in place

In about half of all states, public employees who are convicted of a crime may lose some, or all, of their pensions. The nature of offense varies greatly among states and so does the portion of pension withheld. (Summary compilation, 2015)

Average investement return assumption for public plans is 7.69%

Among the 126 plans measured in the Public Fund Survey, more than one-half have reduced their investment return assumption since fiscal year 2008. (Issue Brief, May 2015)

 

Research Center

Public Fund Survey More than 85 percent of all state and local government pension assets and members in the U.S. are represented in the Public Fund Survey, which is maintained by NASRA. Survey data is taken primarily from retirement system annual financial reports, and also comes from actuarial valuations, benefits guides, and interviews with retirement system staff members. It is intended to promote sound public retirement system policies and administration by increasing transparency and understanding of the public retirement system community. The database requires separate login; the Summary of Findings for fiscal year 2013 is available here.

Roll Call   Capturing notable events and developments in public retirement systems from reports since 2005, Roll Call is a perennial highlight of the annual conference. Members can view the most recent report as well as see previous years; login and then access it here.
 

Public Plans Data Individual and aggregated data on 150 state and local pension plans. Joint venture of The Center for State and Local Government Excellence, the Center for Retirement Research at Boston College, and NASRA. Read the press release; access the database.

What's New

NASRA Annual Conference registration is open! The 61st NASRA Annual Conference is open to members-only. Five days of learning, sharing, and networking. Members, login and register today. Click here for more information.