Enterprising Investor
Practical analysis for investment professionals

Ronald J. Ryan


Big Decisions — Judging an Uncertain Future from the Past

Whether in political history or analyzing spreadsheets of historic data, when looking back we need to be very aware of where we are looking back from.

The Public Pension Funding Gap: Highlights from the Future of Finance Forum

Retirement security is a key area of focus for the Future of Finance initiative at CFA institute, and we hosted an online forum featuring a panel of experts with varied backgrounds and perspectives to examine the size and scope of the public pension funding gap, debate its causes, and to consider potential solutions.

Poll: What’s the Primary Cause of the Underfunded Status of US Public Pension Plans?

Over the past decade, the funding gap for US public pension plans has widened considerably, and many state and local plans today find themselves in desperate straits, facing an aggregate shortfall in excess of $4 trillion.

The US Public Pension Funding Crisis (Online Forum)

In the United States, state and local governments’ defined benefit pension plans are underfunded by more than $4 trillion, threatening the financial security of approximately 8 million retirees and 14 million workers, and taking a fiscal toll on states and municipalities.



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