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State and Local Government Employee Retirement Systems

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wealthy inequality, pensions and social security, new research from federal reserve bank of boston Massachusetts ban on flavored cigarettes, Massachusetts ban on flavored tobacco

New Research Suggests Estimates of Wealth Inequality Likely Overstated

New research from Federal Reserve Bank of Boston economists suggests wealth inequality has grown less than previously estimated and that shares of wealth held by top earners drops significantly when accounting for sources of lower- and middle-class wealth that are often overlooked.

2 min read
state pensions. How well-funded are pension plans in your state? State public pension funding, state pension plan funding, pension plan crisis, pension plan underfunded

How Well-Funded Are Pension Plans in Your State?

The current crisis highlights the cost of underfunding pensions in years of economic growth. Twenty states have pension plans that were less than two-thirds funded, and five states had pension plans that were less than 50 percent funded.

3 min read