Public Policy Statements -Public Employee Pension and Benefits Administration 

Retirement security is vitally important to the economic viability and growth of this country. The trillions of dollars in assets held and invested by public-sector retirement plans, or by plan participants, will be distributed as retirement income to individuals and as a major source of revenue to businesses, helping stimulate the economy, create jobs, and revitalize communities. GFOA supports government policies and practices that help to achieve the dual goals of individual retirement security and economically viable communities.