Amid all of the justifiable concern about underfunded public pension systems, most recently in Alaska, it's easy not to notice that some places appear to ...
According to statistics compiled (free registration required) by the National Association of State Retirement Administrators and the National Council on Teacher Retirement, a number of plans actually have surpluses, instead of the billion-dollar unfunded liabilities you often hear about. The Florida Retirement System ($7.6 billion surplus) and the North Carolina Teachers and State Employees system ($3.6 billion surplus) are among the big winners.
Two questions for which I don't have an answer: Is it possible that these numbers are misleading and these systems aren't as healthy as they appear? And, if not, what makes them different from all the places that are struggling?
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
Rick Perry: Border Security Before Immigration Reform11 hours ago
Washington Works with Unions Before the Bargaining Table12 hours ago
Seattle Mental-Health Official Resigns After Scrutiny of Patient Records15 hours ago
In Florida Redistricting Battle, Both Parties Claim to Offer Better Protections for Black Voters15 hours ago
ACA Signups Are Difficult for Recent Legal Immigrants16 hours ago
States Try to Make It Easier to Raise Money with Crowdfunding16 hours ago