The State of Pensions 2023: Year End Update

By Anthony Randazzo & Jonathan Moddy 

In 2023, U.S. public pension funds remain fragile.

According to Equable Institute’sState of Pensions 2023 report, state and municipal retirement systems are on track to miss their investment targets and are unlikely to see meaningful improvements in their unfunded liabilities or funded ratio in 2023.

In this post, we will look at pension funding trends and detail the health of pension funds in an increasingly unpredictable market and where risky investments are more popular than ever. We will also highlight the core reasons why pension funds are still struggling to keep up after the record investment gains of the Covid-19 era.

Get the reporte here