According to Pew Charitable Trusts, both South Dakota and Wisconsin were fully funded in 2013; and according to Boston College, both were fully funded in 20. Everything old is shockingly, stirringly new again in Mamma Mia!Here We Go Again, the rare sequel so unexpectedly enchanting that it plays less like a rehash than a reclamation.It may take you a moment to understand why, or how, this could be the case.State pension system is only one fully funded in the country." We decided to check the second part of the statement to see if anything has changed since we first rated it True in 2013.The fully-funded pension system is also a prominent talking point for Walker in his quest for the Republican presidential nomination.It’s worth noting the actuarial reports have shown the retirement system funding at 99 percent or greater not only during Walker's tenure, but dating back to 2003.
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Actual data for South Dakota, meanwhile, showed that state's pension system was funded at 100 percent in both 20. The City of Milwaukee's was estimated at 100.8 percent funded in 2014.) Keith Brainard, research director for the National Association of State Retirement Administrators, told us Wisconsin and South Dakota are well funded because their investments have performed well and their retirement benefits "have remained fairly reasonable." In addition, in Wisconsin’s case, retirement benefits go down when investments don’t perform up to par, he said.
Our rating Walker says Wisconsin's "pension system is only one fully funded in the country." That was the case among state pension plans in 2012, but newer reports show slightly different results.
Before Act 10, the state, as well as the local governments participating in the state retirement system, had agreed to make almost of the contributions that employees were required to make toward their pensions.
In other words, often as a result of union bargaining, the employers were making the employer contributions to the pension fund and nearly all of the employee contributions, as well.