TPPF: Growing Pension Crisis. 4 Reasons there is a problem.

Using the Pension Review Board as its analysis catalyst, TPPF points to the following pension problems in Texas:

  • $57.4 billion in unfunded liabilities
    • increase of nearly $500 M since December 2014
  • The plans’ funded ratios are too low
  • Only  3 pension plans are fully funded at 100 percent or more
  • two-thirds have amortization periods that exceed 25 years

​​TPPF  Pension Review Board June Pension Valuation (Scroll down the agenda)