10/9/2008: The Funding Status of Locally Administered Pension Plans (PDF) (Center for State and Local Government Excellence)
16 pages. Excerpt: "The Center's eighth issue brief on retirement plans finds that: Local plans are at least as well funded as state plans. Funding ratio: local – 85 percent vs. state – 84 percent; Local plans have a strong track record in making their required contributions. - 69 percent do so compared with 54 percent of the states. Despite this relatively positive outlook, some jurisdictions face serious shortfalls and a deteriorating economy may produce a gloomier picture going forward."
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