Stress Testing of Public Pensions Can Help States Navigate the COVID-19 Economy

Link: https://www.pewtrusts.org/en/research-and-analysis/issue-briefs/2021/03/stress-testing-of-public-pensions-can-help-states-navigate-the-covid-19-economy

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Excerpt:

Overall, the typical pension fund is now expected to return approximately 6% annually over the next 20 years, compared with 6.4% pre-pandemic (Figure 4). This change in outlook is consistent with the reduction in the median long-term return found by a recent survey of pension investment consultants¹³ and aligns with revisions for public pension return expectations published by S&P Global.¹⁴

Author(s): Greg Minnis

Publication Date: 8 March 2021

Publication Site: Pew Trusts