Webinar: 2024 Public pension solvency and performance report
Reason Foundation recently hosted a webinar to discuss our 2024 Pension Solvency and Performance Report findings and the most pressing issues facing state and local pension systems, taxpayers, and public workers. The public pension study highlights several critical trends:
- Overly optimistic investment return assumptions: Since 2000, 99% of public pension funds have failed to meet their average assumed rates of return (ARRs), and 85% of public pension systems’ average returns fail to meet their current ARRs.
- Chronic investment underperformance: 99.5% of public pension funds underperformed the S&P 500 over the past 23 years, and 60% underperformed a simple 60/40 equity-fixed income portfolio.
- Taxpayers’ costs rise: Employer—taxpayer—contributions have increased steadily, primarily to cover amortization costs—the expense of paying down pension debt —which now surpass the costs of funding current pension benefits (normal costs) nationally.
- Trends in the distribution of pension debt: The two most pension-indebted states, Illinois and New Jersey, hold nearly 43% of all state-level pension debt while accounting for just 6.6% of the U.S. population.
The Pension Integrity Project hopes the Dec. 5 webinar provides valuable insights into the evolving challenges of public pensions and looks forward to discussing these issues further.
The post Webinar: 2024 Public pension solvency and performance report appeared first on Reason Foundation.
Source: https://reason.org/commentary/webinar-2024-public-pension-solvency-and-performance-report/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,659,617,299 |
| Stories: | 8,305,696 |
Whistler Blowers, Insiders
