Saturday, May 2, 2020

The Trillion Dollar Problem: Pandemic Puts State Pension Plans At Even Greater Risk

In 2018, Oklahoma’s state-sponsored teacher pension plans were only 73% funded and faced unfunded liabilities of more than $6.1 billion. And that was before the COVID-19 recession hit.


The current economic downturn will have rippling effects on the health of pension funds for public school teachers and other public employees.

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from Oklahoma Council of Public Affairs The Trillion Dollar Problem: Pandemic Puts State Pension Plans At Even Greater Risk