Hernando Montero's Palm Beach Post Weekly Column: Public Pension Funding: More Critical Than Ever

Monday, Jun 26, 2017

Hernando J. Montero
Director of Credit Analysis
Stoever Glass & Co., Inc.
Phone: (212) 952-1910
E: hmontero@stoeverglass.com

The U.S. Census Bureau has released its 2016 Annual Survey of Public Pensions, which provides a comprehensive look at the financial activity of the nation’s state- and locally-administered defined benefit pension systems, including cash and investment holdings, receipts, payments, pension obligations and membership information. Defined benefit plans are retirement plans for which the employer has scheduled the amount of pension payments to individual recipients, and are commonly formula-based on key metrics of both the employer and employee.

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