December 19, 2018
The extent of public pension underfunding varies across the U.S. Some proposed solutions, such as the use of pension obligation bonds, have considerable downsides.
June 12, 2018
Because of population aging, Social Security is projected to exhaust its ability to fund full retirement benefits in 2034; after that time, incoming revenues will only be sufficient to pay 77 % of scheduled retirement benefits.
May 17, 2018
Rising pension costs are one factor fueling current teacher discontent and strikes. Accumulated debt, in the form of promised pension obligations, is squeezing education budgets and triggering benefit cutbacks for newer generations of teachers.
October 7, 2017
American households have recently made broad-based gains in wealth, but many have not made up for losses during the Great Recession. How could they save more?
August 2, 2017
Public-sector pension plans appear to be underfunded by over $1 trillion. This shortfall will place strains on many state and local governments.
February 9, 2017
Millions of retirees depend on Social Security. Raising the income level at which contributions are capped could maintain the program's long-run viability without cutting benefits.