Are jurisdiction's pension obligations fully funded?
Full Question Text
To the best of your knowledge, are your jurisdiction's pension obligations currently fully funded? (Among those jurisdictions that reported having defined benefit or hybrid retirement income benefit plans)
| % within Jurisdiction Type | ||||||
| Jurisdiction Type | Total | |||||
|---|---|---|---|---|---|---|
| County | Township | City | Village | |||
| To the best of your knowledge, are your jurisdiction's pension obligations currently fully funded? (Among those jurisdictions that reported having defined benefit or hybrid retirement income benefit plans) | Yes | 16% | 65% | 17% | 34% | 37% |
| No | 84% | 26% | 82% | 54% | 58% | |
| Don't Know | 0% | 9% | 1% | 12% | 5% | |
| % within Population Size | |||||||
| Population Size | Total | ||||||
|---|---|---|---|---|---|---|---|
| <1500 | 1500-5000 | 5001-10000 | 10001-30000 | >30000 | |||
| To the best of your knowledge, are your jurisdiction's pension obligations currently fully funded? (Among those jurisdictions that reported having defined benefit or hybrid retirement income benefit plans) | Yes | 63% | 43% | 25% | 16% | 22% | 37% |
| No | 29% | 48% | 71% | 81% | 78% | 58% | |
| Don't Know | 8% | 8% | 4% | 2% | 0% | 5% | |
| % within Region of Michigan | ||||||||
| Region of Michigan | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| Upper Peninsula | Northern Lower Peninsula | West Central Lower Peninsula | East Central Lower Peninsula | Southwest Lower Peninsula | Southeast Lower Peninsula | |||
| To the best of your knowledge, are your jurisdiction's pension obligations currently fully funded? (Among those jurisdictions that reported having defined benefit or hybrid retirement income benefit plans) | Yes | 22% | 51% | 44% | 44% | 41% | 25% | 37% |
| No | 73% | 44% | 48% | 52% | 50% | 72% | 58% | |
| Don't Know | 5% | 5% | 8% | 4% | 9% | 3% | 5% | |