Tuesday, October 03, 2006

2006 Public Pension Fund Survey

The 2006 Public Pension Fund Survey is an online compendium of key characteristics of most of the nation’s largest public retirement systems. A key objective of the Survey is to increase the transparency of the public pension community and pension funding levels, providing a factual and objective basis on which to discuss many issues related to retirement benefits for public employees.

The Survey presents 2005 FY data on public retirement systems that provide pension and other benefits for a combined 12.8million active (working) members and six million annuitants (retired members, disabilitants and beneficiaries). Combined, systems in the Survey hold in trust $2.26 trillion, invested in diversified portfolios of public and private equities, corporate and government bonds, real estate, cash, and other assets. The membership and assets of systems included in the Survey represent approximately 88 percent of the entire state and local government retirement system community. According to the U.S. Census Bureau, employees of state and local government comprise more than ten percent of the nation’s workforce.

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