David Draine
PROFILE
David Draine serves as a principal investigator and methodologist for Pew’s research on public sector retirement systems.
His research has looked at pension plan design, risk and uncertainty, and disclosure and transparency. Based on this work, Draine has advised state and local task forces considering public sector retirement system reforms. He also has conducted research and analyses on critical state policy issues involving state revenue systems, investments in transportation infrastructure, economic development, and mortgage lending.
Draine holds a bachelor’s degree in history from Princeton University and a master’s in public policy from Johns Hopkins University.
Recent Work
Article
September 10, 2024As Pension Funding Levels Fell in 2022, Higher Contributions Helped States Manage Debt
From fiscal year 2021 to 2022, the reported funding gap for state pension plans—the disparity between promised benefits and available assets—jumped by $439 billion to $1.27 trillion. The increase, largely...
Article
May 16, 2024Pension Risk Reporting Guidance Updated to Include Inflation Scenario
The number of states that conduct forward-looking assessments of investment risk on funding levels and costs for their state pension systems has grown significantly over the past decade from just seven...