State and Local Pension Systems
Author : United States. Advisory Commission on Intergovernmental Relations
Publisher :
Page : 116 pages
File Size : 40,96 MB
Release : 1980
Category : Civil service
ISBN :
Author : United States. Advisory Commission on Intergovernmental Relations
Publisher :
Page : 116 pages
File Size : 40,96 MB
Release : 1980
Category : Civil service
ISBN :
Author : Oklahoma. Task Force for the Study of Public Retirement Systems Benefit Design and Equity
Publisher :
Page : pages
File Size : 38,13 MB
Release : 2005
Category : Oklahoma
ISBN :
Author : United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor Standards. Pension Task Force
Publisher :
Page : 868 pages
File Size : 45,13 MB
Release : 1978
Category : Civil service
ISBN :
Author : Maine. Task Force to Study Parity and Portability of Retirement Benefits for State Law Enforcement Officers, Municipal and County Law Enforcement Officers and Firefighters
Publisher :
Page : 19 pages
File Size : 22,33 MB
Release : 2004
Category : Fire fighters
ISBN :
Author : United States. General Accounting Office
Publisher :
Page : 148 pages
File Size : 21,26 MB
Release : 1979
Category : Civil service pensions
ISBN :
Author : United States. Congress
Publisher :
Page : 1376 pages
File Size : 41,85 MB
Release : 1957
Category : Law
ISBN :
Author : United States. Congress. Senate. Committee on Finance. Subcommittee on Private Pension Plans and Employee Fringe Benefits
Publisher :
Page : 182 pages
File Size : 25,77 MB
Release : 1978
Category : Civil service
ISBN :
Author : Richard J. Reeder
Publisher :
Page : 108 pages
File Size : 15,84 MB
Release : 1980
Category : Civil service
ISBN :
Author : Alicia H. Munnell
Publisher : Rowman & Littlefield
Page : 266 pages
File Size : 32,86 MB
Release : 2012-08-27
Category : Business & Economics
ISBN : 0815724136
In the wake of the financial crisis and Great Recession, the health of state and local pension plans has emerged as a front burner policy issue. Elected officials, academic experts, and the media alike have pointed to funding shortfalls with alarm, expressing concern that pension promises are unsustainable or will squeeze out other pressing government priorities. A few local governments have even filed for bankruptcy, with pensions cited as a major cause. Alicia H. Munnell draws on both her practical experience and her research to provide a broad perspective on the challenge of state and local pensions. She shows that the story is big and complicated and cannot be viewed through a narrow prism such as accounting methods or the role of unions. By examining the diversity of the public plan universe, Munnell debunks the notion that all plans are in trouble. In fact, she finds that while a few plans are basket cases, many are functioning reasonably well. Munnell's analysis concludes that the plans in serious trouble need a major overhaul. But even the relatively healthy plans face three challenges ahead: an excessive concentration of plan assets in equities; the risk that steep benefit cuts for new hires will harm workforce quality; and the constraints plans face in adjusting future benefits for current employees. Here, Munnell proposes solutions that preserve the main strengths of state and local pensions while promoting needed reforms.
Author : United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor-Management Relations. Welfare and Pension Plans Task Force
Publisher :
Page : 1736 pages
File Size : 32,16 MB
Release : 1981
Category : Local officials and employees
ISBN :