Loren D. Stark Company
EPIC Retirement Plan Services
Randall & Hurley, Inc.
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|State of Pensions 2021: Pension Trends in an Era of Accelerating Volatility (PDF)|
Dec. 9, 2021
15 pages. "On the surface, the top story of 2021 for public retirement systems would appear to be record setting investment returns. With average returns at 27.5%, this year will always be notable for generating such large asset gains. But the real story is how, even after a $400-500 billion surge in assets, state pension plans as a whole still face a large funding shortfall and might have billions more in unfunded liabilities not yet recognized on their books."
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