Author: James A. Maxwell
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Financing State and Local Governments
Author: James A. Maxwell
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Finances of Employee-retirement Systems of State and Local Governments in
Author:
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 44
Book Description
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 44
Book Description
Finances of Employee-retirement Systems of State and Local Governments in ...
Author: United States. Bureau of the Census
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 96
Book Description
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 96
Book Description
State and Local Pensions
Author: Alicia H. Munnell
Publisher: Rowman & Littlefield
ISBN: 0815724136
Category : Business & Economics
Languages : en
Pages : 266
Book Description
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.
Publisher: Rowman & Littlefield
ISBN: 0815724136
Category : Business & Economics
Languages : en
Pages : 266
Book Description
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.
Finances of Employee-retirement Systems of State and Local Governments in ...
Author:
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 486
Book Description
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 486
Book Description
Governmental Finances in the United States
Author:
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 192
Book Description
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 192
Book Description
Government Finances
Author:
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 748
Book Description
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 748
Book Description
Government Finances
Author: United States. Bureau of the Census
Publisher:
ISBN:
Category :
Languages : en
Pages : 354
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 354
Book Description
Governmental Finances in ...
Author:
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 616
Book Description
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 616
Book Description
Governmental Finances in the United States
Author: United States. Bureau of the Census
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 498
Book Description
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 498
Book Description