Funding Stress9 min
The 10 Most Underfunded Public Pension Systems Entering 2025
A structured ranking of the most fiscally pressured statewide pension systems, with funded ratios, PSI scores, and contribution adequacy analysis.
2025-01-14Read →
Public Finance12 min
Contribution Pressure Across U.S. States: A 2014-2024 Review
ADC payment patterns, employer pickup trends, and how rising required contributions are reshaping state operating budgets.
2024-12-02Read →
Stress Analytics7 min
A Decade of Funding Deterioration
Tracking funded-ratio drift, discount-rate adjustments, and net pension liability accumulation since 2014.
2024-11-08Read →
Actuarial6 min
Pension Assumption Risk: When 7% Becomes 6%
How discount-rate revisions cascade through TPL, NPL, and required contributions across the largest U.S. systems.
2024-10-21Read →
Methodology10 min
Introducing the Pension Stress Index (PSI)
A composite institutional-grade metric combining funding stress, contribution pressure, and cash flow stress.
2024-09-30Read →
Liquidity8 min
The Cash Flow Cliff: Mature Plans and Negative Net Cash Flow
When benefit payments outpace contributions, investment returns must do the impossible. We map the systems most exposed.
2024-08-12Read →