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[@anthonyrandazzo](/creator/twitter/anthonyrandazzo)
"At the end of 2013 there was $920b in actuarial pension debt. Btwn 2014-23 this increased by a net of $411b billion. Here's why - Lowered Assumptions: Public plans rightly lowered investment assumptions (the dark blue line) but that meant recognizing more unfunded liabilities. - Interest on the Debt: Contributions were also less than interest on the debt for most years leading to additional pension debt (purple line). - Other: Most other factors were negligible during this period most states paid their required contributions and benefits weren't meaningfully expanded or cut as a whole. -"  
![@anthonyrandazzo Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::18031339.png) [@anthonyrandazzo](/creator/x/anthonyrandazzo) on [X](/post/tweet/1945817761130889275) 2025-07-17 12:08:00 UTC 1617 followers, XX engagements

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

@anthonyrandazzo "At the end of 2013 there was $920b in actuarial pension debt. Btwn 2014-23 this increased by a net of $411b billion. Here's why - Lowered Assumptions: Public plans rightly lowered investment assumptions (the dark blue line) but that meant recognizing more unfunded liabilities. - Interest on the Debt: Contributions were also less than interest on the debt for most years leading to additional pension debt (purple line). - Other: Most other factors were negligible during this period most states paid their required contributions and benefits weren't meaningfully expanded or cut as a whole. -"
@anthonyrandazzo Avatar @anthonyrandazzo on X 2025-07-17 12:08:00 UTC 1617 followers, XX engagements

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