🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

Public Fund Survey FY23 update: Investment returns showed a strong rebound in FY23, with a median return of 9.3% for 6/30 FY-end plans & 13% for 12/31 FY-end plans. This recovery highlights importance of well-diversified, long-term investment strategies. buff.ly/2AShXcn

Snapshot of the facts on state and local pensions across the country. Helpful links to resources and research from the infographic too. buff.ly/434yaYA #muniland

Public pensions are important to state/local creditworthiness. After the '08 recession, many states modified pensions for long-term sustainability. Credit agencies use clear methods to assess these obligations, supporting financial stability. buff.ly/2yxdNZj #muniland

Virtually every public pension system in the U.S. is a hybrid plan. Almost all plans require employees to pay a % of comp into their pension plan; still others use side by side DB/DC plans or cash balance approach to share responsibility with employees. buff.ly/2TxlepB

NASRA updates 6 key briefs yearly on public pension management. The latest focuses on employee contributions to public pensions. This brief examines contribution plan designs, policies, & trends showing their importance in pension sustainability. buff.ly/2PoIX9v #muniland

The latest Federal Reserve data shows state & local public pension assets reached $6.25 trillion in Q3 2024, up 4.3% from Q2 & 15.5% year-over-year; n increase of $839 billion. Note: These figures may be revised. The next update is 3/2025. buff.ly/2uuTl9y #muniland

🔍 NASRA provides in-depth analysis & resources on public pensions: 📊 Public Fund Survey: Annual insights on financial & demographic trends since '01. 📑 Industry Resources: Access reports and data from NASRA and others. 📈 Retirement System Data too. buff.ly/2GDFKlY

Explore the detailed data and research on U.S. public pensions maintained by NASRA. The comprehensive resources offer insights into the financial dynamics and trends shaping public pension systems. buff.ly/42mXZ80 #muniland

12/31/24 saw U.S. state & local govts add 27,000 jobs, 35 months of stable or increased employment. By year's end, they gained 391K jobs, surpassing 2/20 peak by 490K. Local govts employ most, representing nearly 75% of the 20.5 million total. buff.ly/2FHAZm9 #muniland

Keith's insights are always helpful. #muniland

In Jan 2025, U.S. state & local governments added 23K jobs, surpassing Feb 2020's peak by 566K. Local gov makes up 75% of the sector's 20.6M workers, 13% of U.S. workforce. Private sector jobs also rose by 111K. buff.ly/2FHAZm9 #muniland

🔍 New biannual study by the Wisconsin Legislative Council is out. Since 1982, this report has compared key benefits & characteristics of large public pension plans across the United States. buff.ly/35lQoFV #muniland

NASRA supports efforts to work with the national govt as partners in our federal system, but opposes intervention in areas that rightfully belong to the States…and the imposition of costly or unwarranted mandates on States. buff.ly/4bhVFS4 #muniland

NASRA published an update for 2025 to the 'Fast Facts and Helpful Resources' infographic on state and local government retirement systems. buff.ly/k6wZFXN #muniland

📊 2025 Fiscal Update: New report from leading national orgs highlights the fiscal conditions of states & localities, municipal bonds, and public pensions. buff.ly/Immr9f4 #muniland

BLS: State & local gov added ~11K jobs in Feb '25, with revisions increasing past totals by 26K. Employment has risen in 35 of the last 36 months, now 608K above Feb 2020 peak. buff.ly/FUNUlbH #muniland

43 states tax individual incomes, but many offer exclusions for retirement income, whether it's from pensions, Social Security, or federal benefits. Exclusions vary by state and depend on age, residency, and marital status. buff.ly/vwhr6HT #muniland

State & local pensions aren’t paid from general budgets—they're funded by dedicated trust funds built up over employees’ careers. These systems pay nearly $400B/year nationwide, yet gov't pension spending still holds steady at ~5% of local/state budgets. buff.ly/SiGJNsx

Actuarial assumptions estimate future cost & funding of a pension plan. They fall into 2 main types: 👥 Demographic: retirement age, mortality, turnover, etc. 💰 Economic: inflation, wage growth, investment returns. Both shape a plan’s long-term outlook. buff.ly/m0hq7R1

Since the GFC, all state retirement systems lowered return assumptions. For FY23, the average is 6.91%. Actual returns met or beat that over 1–30 years. Systems also prioritize transparency, formal policies, and regular actuarial valuations. buff.ly/Rdrr8fB #muniland