Public Plans Snapshot: Pension Funding Levels Again Tick Upward

Public Plans Database (PPD) analysis indicates that the funded status of state and local pension plans nationwide has improved to 75.4% in 2021, up from 72.2% in 2020. The funded status has trended upward during a period of strong investment returns since 2020, and as more state and local governments are disciplined about making the required pension plan contributions.  Click here to read Public Plans Database – Snapshot as of December 2021.