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The Economic Benefit of Public Pension Dollars in Small Towns and Rural Texas

In 2018, public pension benefit dollars represented between 0.4% and 1.1% on average of Gross Domestic Product (GDP) for each county type in Texas. New research indicates that public pension plans have a particularly positive economic impact on small towns and rural communities.

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Benefit Bonds: What You Should Consider

The issue of funding an increasing pension liability is a lingering concern for many trustees and state officials. As employee contribution rates continue to increase, discount rates are declining, and municipal contributions are under pressure due to competing priorities, many plans struggle to properly manage and continue to provide benefits to employees.

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