Uncovering City Pension Plans that Signal When they “Crossover” into Running out of Money to Cover Benefits

This report examines cities for the Fiscal Year 2021 to identify which retirement plans have disclosed “Crossover” Years. The dataset is comprised of approximately 1400 city audits, involving 1,668 city single-employer and agent pension plans throughout the nation.

City Audited Comprehensive Financial Reports (ACFRs) included in this analysis are those received by Merritt Research Services as of September 22, 2022. Read Article…