Your Pension

Illinois State Retirement Fund

Total state pension debt sits at $203 Billion State Government Debt: $152.6 Billion Local Government Debt: $50.8 Billion dollars Total Pension debt equates to $41,000 of pension debt per household in Illinois Supreme Court ruled in 2015 that state employee pension agreements could not be modified, meaning that Illinois is on the hook for full […]

Read More

New York City Pension Fund

New York City Pension Fund   New York City officials estimate the pension debt at $65 billion, but the Manhattan Institute estimates the debt at $142 billion New York City pension plans assess the return on long-term pension investments to be 7%, when the real return on long term bond investments is closer to 2%. […]

Read More

New Jersey State Pension Fund and New Jersey State Cash Management Fund

The New Jersey state pension system is comprised of seven public service pension funds. As of January 2018, that State of New Jersey Pension Fund possessed assets that covered 30 percent of outstanding liabilities, below the 40 percent mark that the Rockefeller Institute deems “crisis level.” The New Jersey State Pension Fund is the most […]

Read More

Washington State Retirement Systems

The state of Washington currently has $114 billion in assets and $13.8 billion in unfunded liabilities. The Tax Foundation ranks Washington #9 in the United States in terms of pension fund health The Washington State pension fund covers 84% of liabilities based on an assumed rate of return of 7.7%.  According to ALEC however, using […]

Read More