The widening gap : the great recession's impact on state pension and retiree health care costs.

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Bibliographic Details
Title: The widening gap : the great recession's impact on state pension and retiree health care costs.
Additional Titles: Great recession's impact on state pension and retiree health care costs
Publisher Information: Washington, DC : PEW Center on the States, ©2011.
Added Details: Pew Center on the States.
Physical Description: 10 pages : digital, PDF file, illustrations, portraits
Text in PDF format.
Supplemental Data: System requirements: Adobe Acrobat Reader.
Abstract: "The Widening gap: the great recession's impact on state pension and retiree health care costs" analyzes 2009 and 2010 data on states' funding of pensions and retiree health care. The report shows how states' retirement systems - many of them already on shaky ground - were affected by the Great Recession: Pension funding shortfalls accounted for $660 billion of the $1.26 trillion gap, and unfunded retiree health care costs accounted for the remaining $607 billion. States had only about $31 billion, or 5 percent, saved toward their obligations for retiree health care benefits. State pension plans were 78 percent funded, declining from 84 percent in 2008.
Subjects: Retirement economics, Health Care Costs economics., Pensions statistics & numerical data, Economic Recession statistics & numerical data
URL: http://www.pewcenteronthestates.org/uploadedFiles/Pew_pensions_retiree_benefits.pdf
http://worldcat.org/oclc/733564509/viewonline
Note: Title from title caption (viewed June 29, 2011).
"April 2011."
Includes bibliographical references (page 10).
Other Numbers: DEH
733564509
722914024
Contributing Source: From OAIster®, provided by the OCLC Cooperative.
Accession Number: edsoai.ocn733564509
Database: OAIster
Description
Abstract:"The Widening gap: the great recession's impact on state pension and retiree health care costs" analyzes 2009 and 2010 data on states' funding of pensions and retiree health care. The report shows how states' retirement systems - many of them already on shaky ground - were affected by the Great Recession: Pension funding shortfalls accounted for $660 billion of the $1.26 trillion gap, and unfunded retiree health care costs accounted for the remaining $607 billion. States had only about $31 billion, or 5 percent, saved toward their obligations for retiree health care benefits. State pension plans were 78 percent funded, declining from 84 percent in 2008.