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With 3.8 million Americans employed by state governments, the welfare of the state retirement systems is a valid concern, especially given the systems’ dependence on market strength. Because of these concerns, many state governments are asking hard questions about the conditions of their state pensions or making difficult decisions to ensure longevity.
In these times when state and local governments are facing severe budgetary hardships, having good data year to year to understand the changes taking place is more important than ever. The 2009 Annual Survey of Public-Employee Retirement Systems provides this valuable information. It reports annual financial activity for the nation’s 222 state administered public employee retirement systems, including cash and security investments holdings, securities, receipts and payments.
Visit our website for more information on state retirement systems:
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