Jurisdiction has unfunded pension obligations
Full Question Text
Thinking specifically about defined benefit plans (i.e., traditional pensions) and/or hybrid plans, does your jurisdiction have unfunded fiscal obligations as a result of providing retirement income? (Among those jurisdictions reporting offering defined benefit or hybrid plans)
| % within Jurisdiction Type | ||||||
| Jurisdiction Type | Total | |||||
|---|---|---|---|---|---|---|
| County | Township | City | Village | |||
| Thinking specifically about defined benefit plans (i.e., traditional pensions) and/or hybrid plans, does your jurisdiction have unfunded fiscal obligations as a result of providing retirement income? (Among those jurisdictions reporting offering defined benefit or hybrid plans) | Yes | 84% | 22% | 77% | 48% | 55% |
| No | 16% | 69% | 19% | 37% | 38% | |
| Not Applicable | 0% | 2% | 2% | 5% | 2% | |
| Don't Know | 0% | 7% | 2% | 10% | 4% | |
| % within Population Size | |||||||
| Population Size | Total | ||||||
|---|---|---|---|---|---|---|---|
| <1500 | 1500-5000 | 5001-10000 | 10001-30000 | >30000 | |||
| Thinking specifically about defined benefit plans (i.e., traditional pensions) and/or hybrid plans, does your jurisdiction have unfunded fiscal obligations as a result of providing retirement income? (Among those jurisdictions reporting offering defined benefit or hybrid plans) | Yes | 27% | 50% | 62% | 78% | 76% | 55% |
| No | 61% | 43% | 35% | 16% | 24% | 38% | |
| Not Applicable | 5% | 2% | 2% | 0% | 0% | 2% | |
| Don't Know | 7% | 5% | 1% | 6% | 0% | 4% | |
| % 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 | |||
| Thinking specifically about defined benefit plans (i.e., traditional pensions) and/or hybrid plans, does your jurisdiction have unfunded fiscal obligations as a result of providing retirement income? (Among those jurisdictions reporting offering defined benefit or hybrid plans) | Yes | 55% | 44% | 53% | 55% | 39% | 69% | 55% |
| No | 41% | 51% | 39% | 38% | 53% | 25% | 38% | |
| Not Applicable | 0% | 4% | 1% | 1% | 5% | 1% | 2% | |
| Don't Know | 4% | 0% | 7% | 5% | 3% | 5% | 4% | |