The State Budget Solutions (SBS) is a nonpartisan, non-profit, national public policy organization with the mission to change the way state and local governments do business.

State Budget Solutions produces studies, articles, reports and compelling narrative about the critical issues that affect state and local budgets, including pension reform, health care and education. SBS engages state leaders, journalists and others on positive reforms aimed at improving the functionality of government.

SBS works to make its vision of empowered citizens a reality but promoting policies that provide workable solutions for local people to make local decisions.  

SBS pension analysis has been included on Data-Z to provide a comparison to our work (accepting state rate of return estimates). SBS analyzes state pension liabilities using a fair-market valuation, doing away with optimistic assumptions about investment returns on pension funds (typically around 8 percent).  SBS discounts pension fund liabilities according to the yield of a 15-year Treasury bond. 

See SBS analysis of state budget “gimmicks” on page 14 and Appendix X of the 2013 Financial State of the States™  For more information, see http://www.statebudgetsolutions.org/

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