The Academy’s senior pension fellow appeared on CNBC's "Power Lunch" and "Closing Bell" to explain options to improve pension funding levels. Frank Todisco said that the plans have the flexibility to gauge the markets and match contribution increases with improved economic conditions.
Pension Worries ("Power Lunch")
Public Pensions: The Funding Gap ("Closing Bell")
Frank Todisco also appeared on “CNBC Reports” to explain the current condition of state and local pension plans. He said that most of these pension plans’ obligations are due over decades into the future and that the ultimate cost will depend on how well the economy recovers.