Pensions
Public Pension Plan Funded Status Increased 0.5% in Q2, per Wilshire
That makes three consecutive quarters with an increase in funded status for public plans.
Funded levels for US public pension funds rose nearly 2 percentage points to 78.2% during the second quarter.
When the crisis abates, the gap between well-funded plans and the others will be even larger.
Report ranks Florida, North Dakota, South Dakota, Utah, and Wyoming as the top five states by fiscal condition, but long-term challenges loom.
Latest data shows funding ratios drop below 70% since 2010, posting two consecutive years of 4% losses.