research

research

A State Budgeting Perspective on Public Pensions

State and local pension systems have received significant attention in the last few years. Changes to state pension systems have been taking place in response to the increased attention and concerns.  This brief examines a number of pension issues from a budgetary perspective. A budgetary perspective considers long term pension funding adequacy, and the financial cost of promised benefits in relation to the rest of current state spending.

Tagged in:

About NASBO – Advancing State Budget Practices

NASBO advances state budget practices through research, policy analysis, education, and knowledge sharing among its members.

For over 60 years, the National Association of State Budget Officers (NASBO) has been the professional membership organization for state budget and finance officers. As the chief financial advisors to our nation’s governors, NASBO members are influential decision makers in state government. They guide their states in analysis of budget options and formation of sound public policy.