Michigan Public Policy Survey (MPPS) Spring 2015, Question 19f

Jurisdiction has reduced assumed rate of return

Full Question Text

Which of the following actions, if any, has your jurisdiction taken so far regarding its defined benefit and/or hybrid pension plans for any of its employees, elected officials, or retirees? (check all that apply) (Among those who reported taking some action on their defined benefit or hybrid retirement income benefit plans)

f. Decreased the assumed rate of return for stock market investments in the pension fund

Jurisdiction Type Crosstabulation
% within Jurisdiction Type
  Jurisdiction Type Total
County Township City Village
Percentage of jurisdictions which have decreased the assumed rate of return for stock market investments in the pension funds: (Among those who reported taking some action on their defined benefit or hybrid retirement income benefit plans) 13% 1% 14% 0% 8%