Pension Tension
 Online Extra
May 2008
For people who want to keep up with what's happening in state pensions policy, NCSL publishes an annual summary of legislation that deals with retirement policy issues; the summaries of legislation enacted annually from 1999 through 2007 are available at http://www.ncsl.org/programs/fiscal/all_pensun.htm
Data on the funding levels of public retirement systems are compiled by the National Association of State Retirement Administrators on an ongoing basis. The data are reported in the Public Fund Survey available here: http://www.publicfundsurvey.org/publicfundsurvey/index.htm The site requires users to log in. Registration is free for legislators and legislative staff.
Anyone who wants the basics of state retirement systems' coverage, details of plans, requirements for contributions, eligibility for retirement benefits and so forth will find them all laid out in the 2006 Comparative Study of Major Public Employee Retirement Systems, the latest in a long series on the subject published by the Wisconsin Legislative Council, and a veritable bible for people who are concerned with the topic: http://www.legis.state.wi.us/lc/publications/crs/2006_retirement.pdf
The National Education Association offers a similar report that focuses on teachers and other education employees, but includes information on public employee retirement systems for a number of states. The report is available at https://www.nea.org/takenote/images/char2006.pdf It is a large document that sometimes is slow to open; just be patient.
Finally, the National Association of Government Defined Contribution Administrators has just issued (in March 2008) a much-needed report on public defined contribution plans, including many kinds of voluntary deferred-compensation plans. The report is available at http://www.nagdca.org/publications/survey/
Source: Juvenile Offenders and Victims: 2006 National Report.
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