Wednesday - November 19, 2025
Reason Foundation Issues Commentary: Most Public Pension Contributions Go Toward Paying Off Debt, Not Funding Benefits
November 18, 2025
LOS ANGELES, California, Nov. 18 -- The Reason Foundation issued the following commentary:

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Most public pension contributions go toward paying off debt, not funding benefits

Over 50% of the public pension contributions by state and local governments are directed toward paying off pension debt rather than to benefits themselves.

By Mariana Trujillo, Managing Director

State and local governments have been making higher pension c . . .

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