However, Wilshire Consulting attributes much of the improvement in funded status for the trailing 12 months to state employer contributions.
Tag: public DB plan funded status
Wilshire Consulting also reports significant changes to state pensions’ allocations to equity and real assets over the past decade.
Between nearly doubled investment returns, stable contributions and cost-effectiveness, the "2018 NCPERS Public Retirement Systems Study” shows an increase in pension funding.
Reporting proposals from the Actuarial Standards Board and Congress, as well as new proposed mortality tables from the Society of Actuaries could result in a higher valuation of pension obligations and lower funded levels for public pensions, according to Mike Moran with GSAM.