A History of Public Sector Pensions in the United States
Title | A History of Public Sector Pensions in the United States PDF eBook |
Author | Robert Louis Clark |
Publisher | University of Pennsylvania Press |
Pages | 280 |
Release | 2003-05-12 |
Genre | History |
ISBN | 9780812237146 |
From the Wharton School, offering a comprehensive assessment of the political and financial dimensions of public-sector pensions from the colonial period until the emergence of modern retirement plans in the twentieth century.
Pension Insurance Data Book
Title | Pension Insurance Data Book PDF eBook |
Author | |
Publisher | |
Pages | 84 |
Release | 2002 |
Genre | Defined benefit pension plans |
ISBN |
Pensions in the Public Sector
Title | Pensions in the Public Sector PDF eBook |
Author | Olivia S. Mitchell |
Publisher | University of Pennsylvania Press |
Pages | 692 |
Release | 2001 |
Genre | Business & Economics |
ISBN | 9780812235784 |
From the Pension Research Council of the Wharton School, this book explores the diversity of governmental pension plans and investigates how these financial institutions must change in years to come.
State and Local Pension Fund Management
Title | State and Local Pension Fund Management PDF eBook |
Author | Jun Peng |
Publisher | CRC Press |
Pages | 286 |
Release | 2008-08-21 |
Genre | Political Science |
ISBN | 0849305519 |
Intense media coverage of the public pension funding crisis continues to fuel heightened awareness in and debate over public pension benefits. With over $3 trillion in assets currently under management, the ramifications of poor oversight are severe. It is important that practitioners, researchers, and taxpayers be well-advised regarding any concer
State and Local Retirement Plans in the United States
Title | State and Local Retirement Plans in the United States PDF eBook |
Author | Robert L. Clark |
Publisher | Edward Elgar Publishing |
Pages | 241 |
Release | 2011-01-01 |
Genre | Business & Economics |
ISBN | 0857930591 |
State and Local Retirement Plans in the United States explains how economic and political events have shaped the development of pension plans in the last century, and it argues that changes in the structure and generosity of these plans will continue to shape policy and funding in the future. It also brings to bear a new rationale to the policies behind public sector pension plans. The authors use the history of how early public pension plans were established, how they matured and how they have grown in generosity to analyze what changes may be expected in years to come. Unique in its scope, this comprehensive history of the development of public sector pension plans in the United States during the twentieth century expands upon current ideas relating to the changing economic environment, the passage and evolution of social security, and the expansion of the public sector. With the exception of military pension plans, which date from the eighteenth century, the first public sector plans, dating from the late nineteenth century, were established to cover teachers, police officers and fire fighters in large cities. Over time, these retirement plans were extended to other public sector workers and the local plans were often merged with plans for state workers; all of these date from the twentieth century. Here, the authors show just how pension coverage for public sector workers expanded steadily, through the first half of the twentieth century, so that by the 1960s the vast majority of public sector workers were covered by a plan. This analysis demonstrates how economic events and shifts in public policy at the federal, state, and local levels helped to shape public sector retirement plans. The authors also compare public plans with private sector plans, and the final chapter focuses on recent changes in public pensions in response to the 'Great Recession', concurrent sharp declines in equity markets and the aging of the public workforce.
Underfunding of State and Local Pension Plans
Title | Underfunding of State and Local Pension Plans PDF eBook |
Author | Frank Russek |
Publisher | DIANE Publishing |
Pages | 9 |
Release | 2011-08 |
Genre | Law |
ISBN | 1437985467 |
The recent financial crisis and economic recession have left many states and localities with extraordinary budgetary difficulties for the next few years, but structural shortfalls in their pension plans pose a problem that is likely to endure for much longer. This report discusses alternative approaches to assessing the size of those shortfalls and their implications for funding decisions. Figure and table. This is a print on demand edition of an important, hard-to-find report.
State and Local Pension Systems
Title | State and Local Pension Systems PDF eBook |
Author | United States. Advisory Commission on Intergovernmental Relations |
Publisher | |
Pages | 116 |
Release | 1980 |
Genre | Civil service |
ISBN |