Ponder This

In 2011, 26 states enacted significant changes in public pension plans by the end of June.

In 2010, 21 states enacted changes. Some states acted in both years.

Concerns about the viability of retirement plan benefits and funding that date to the 2001 recession;

  • Severe investment losses in the 2007-2009 recession;
  • Demographic change and state fiscal conditions.