History of public pensions -- Public pension marketplace -- Defined benefit model -- Actuarial valuation concepts -- Beyond defined benefit -- Investment policy -- Asset allocation policy -- The public pension portfolio -- Public pension performance -- Public pension contributions -- Governance...

US state pension plans generally use overstated discount rates based on historical performance, creating the appearance of healthy funding at the cost of future underfunding. Conversely, adopting a US Treasury discount rate, or another alternative suggested by previous literature, would cause...

Last year, in its September 2013 release, the Financial Accounts of the United States (formerly known as Flow of Funds accounts) changed the treatment of defined-benefit (DB) pensions from a cash accounting basis to an accrual accounting basis