Pension Analysis

Act 100 of 2016 transferred the responsibility for providing actuarial notes on legislation proposing changes to public employee pension or retirement plans to the Independent Fiscal Office (IFO). The actuarial notes provide information to the members of the General Assembly and the public regarding the financial and actuarial effects of legislation under consideration.

All actuarial notes issued by the IFO will be posted on this page. The actuarial notes issued by the former Public Employee Retirement Commission (PERC) also will be listed.

IFO Releases

Public Pension Status and Outlook

September 28, 2021 | Pension Analysis

The IFO released a research brief that provides a status update and outlook for public pension systems in Pennsylvania. Data for state and local systems show that while the fiscal health of public pension systems has improved in recent years, the overall unfunded liability remains significant.

Full Report