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The U.S. Public Pension Crisis as Exemplified by Pennsylvania
Fi360 Blog 
Nov. 14, 2012
"Pennsylvania has approximately 3,200 public pension plans, which represents about 25% of all such plans in the United States. Compared with other municipal pension plans nationally, Pennsylvania's are quite small ... with about two-thirds of them covering 10 or less workers, and an estimated 1/3 of those plans covering three or fewer municipal workers. Having so few workers covered by PA municipal plans results in much higher plan expenses at about three times the administrative costs of plans covering 500 or more workers."
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