An excerpt of "The State of State Pension Plans" is available at http://global.morningstar.com/statepensions. For a video and article highlighting the research findings, please visit http://www.morningstar.com/goto/muni-research. For more information about Morningstar's analysis of government pension plans, the company's "State and Local Pensions 101" overview is available at http://global.morningstar.com/pensions101.Morningstar plans to update its research on state pension plans annually. The company launched analyst research on 100 municipal obligors and bond reports for approximately 1 million municipal bonds earlier this year. More information about Morningstar's municipal bond research is available at http://global.morningstar.com/muniresearch. About Morningstar, Inc. Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individuals, financial advisors, and institutions. Morningstar provides data on more than 385,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 8 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and has approximately $195 billion in assets under advisement and management as of Sept. 30, 2012. The company has operations in 27 countries. ©2012 Morningstar, Inc. All Rights Reserved. MORN-R Media Contact: Nadine Youssef, +1 312 696-6601 or email@example.com SOURCE Morningstar, Inc.