Market downturn could wallop Oklahoma pension funds; COLA would make things worse

The biggest problem with defined-benefit plans is that costs continue to rise regardless of how much money the system receives. While promises from politicians may sound nice, they won’t mean anything if the money is not there.


A new analysis from Pew Charitable Trusts provides numbers to show just how severe the impact of COVID-19 on public pensions in Oklahoma could be.

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from Oklahoma Council of Public Affairs Market downturn could wallop Oklahoma pension funds; COLA would make things worse