Compare & Contrast: Market Losses v. Pension Losses

What is happening? People are saying pensions have had the worst year since 2008. Pension losses range from 7% to 10%

Why is this important? The stock market had historic gains in 2021. In the last year, the Stockmarket has lost 20% of its value. Experts say pensions are much healthier today than in 2008 and thus won’t impact government budgets.

How will this be important? Losses not as big at the big pensions. CALPERS loss for the last year was 6.1% and CALSTRS was 1.3%.

Route Fifty | State and Local Pensions Post Worst Losses Since Great Recession