March 23, 2011
March 2011, Dean Baker
Wisconsin’s pension system is on excellent financial footing and among the healthiest in the nation, according to multiple independent reports and an analysis by the Center on Wisconsion Strategy and the Center for Economic and Policy Research. These reports show that the fund has consistently contributed 100 percent of the amount of money that actuaries calculate is needed each year. As a result, while the fund’s holdings dipped in 2008 due to stock market losses, it remains one of the most solid in the country and has enough funds to cover the promieses made not only to current retirees but to those in the future.
Report – PDF
