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INVEST WITH CONFIDENCE©
Public Pensions
T. Rowe Price has long been committed to the retirement outcomes of public retirement systems. We offer clients a full spectrum of investment options, leveraging our proprietary fundamental research platform, as well as client-driven solutions to address your plan’s unique challenges and goals.
Our History
Nearly 50 years partnering with public plans to achieve retirement plan objectives.
Public Plan Management
T. Rowe Price manages 100+ unique public retirement plans in the US across 44 states.
2025 Investment Themes
Artificial Intelligence
AI will be disruptive. Growth investors should focus on what creates value over the long haul.
Healthcare Innovation
Some are predicting that GLP-1s could pose a disruptive threat to the medtech industry, as demand for medical devices and surgical procedures could be greatly reduced.
Private Markets
Shifting conditions should create new opportunities in private credit and private equity.
From the Field
Balancing Risk and Return: Public Pension Plan Allocations in a New Fixed Income Environment
Balancing Risk and Return: Public Pension Plan Allocations in a New Fixed Income Environment
Our latest five-year capital market assumptions include
expected bond returns that are considerably higher than those seen over the
past decade. We observe that U.S. public defined benefit plans may be accepting
more volatility in their portfolios than is needed to achieve their expected
return targets.
Explore Our Insights
Markets are at a crossroads. Read our insights to find your balance.
Jul 2025
GLOBAL FIXED INCOME
Ahead of the Curve
Nov 2025
Global Asset Allocation Viewpoints
Nov 2025
In the Loop
Global Markets Weekly Update
Fixed Income Insights
Subscribe for email updates on our latest insights on Fixed Income.
Making the Benefit Connection Series
The importance of DB plans in glide path evaluation.
CEO Rob Sharps Discusses Public Funds
Public Pensions Team
Our team of relationship managers, located across the U.S., along with the firm’s deep bench of investment talent, are committed to helping public pensions meet their retirement objectives. Contact us if you have questions or would like more information.
Important Information
This material is being furnished for general informational and/or marketing purposes only. The material does not constitute or undertake to give advice of any nature, including fiduciary investment advice, nor is it intended to serve as the primary basis for an investment decision. Prospective investors are recommended to seek independent legal, financial and tax advice before making any investment decision. T. Rowe Price group of companies including T. Rowe Price Associates, Inc. and/or its affiliates receive revenue from T. Rowe Price investment products and services. Past performance is not a reliable indicator of future performance. The value of an investment and any income from it can go down as well as up. Investors may get back less than the amount invested.
The material does not constitute a distribution, an offer, an invitation, a personal or general recommendation or solicitation to sell or buy any securities in any jurisdiction or to conduct any particular investment activity. The material has not been reviewed by any regulatory authority in any jurisdiction.
Information and opinions presented have been obtained or derived from sources believed to be reliable and current; however, we cannot guarantee the sources' accuracy or completeness. There is no guarantee that any forecasts made will come to pass. The views contained herein are as of the date noted on the material and are subject to change without notice; these views may differ from those of other T. Rowe Price group companies and/or associates. Under no circumstances should the material, in whole or in part, be copied or redistributed without consent from T. Rowe Price.
The material is not intended for use by persons in jurisdictions which prohibit or restrict the distribution of the material and in certain countries the material is provided upon specific request.
It is not intended for distribution to retail investors in any jurisdiction.
Oak Hill Advisors (OHA) is a T. Rowe Price company.
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