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Bestseller
BestsellerE-book
Author Munnell, Alicia Haydock.

Title State and local pensions : what now? / Alicia H. Munnell.

Publication Info. Washington, D.C. : Brookings Institution Press, [2012]
©2012

Item Status

Description 1 online resource (viii, 254 pages) : illustrations
Physical Medium polychrome.
Description data file
Bibliography Includes bibliographical references and index.
Contents Introduction -- State and local pensions : from the 1970s to today -- The discount rate and other accounting and funding issues -- Why are some plans in trouble and others not? -- Are public plans budget busters? -- Are public employees overpaid or underpaid? -- Do defined contribution plans have a role in the public sector? -- Making state and local pensions better.
Summary 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 abroad perspective on the challenge of state a.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Local officials and employees -- Pensions -- Law and legislation -- United States.
Local officials and employees -- Pensions -- Law and legislation.
United States.
Local officials and employees -- Pensions -- United States.
Local officials and employees -- Pensions.
State governments -- Officials and employees -- Pensions -- Law and legislation -- United States.
State governments -- Officials and employees -- Pensions -- Law and legislation.
State governments -- Officials and employees -- Pensions -- United States.
State governments -- Officials and employees -- Pensions.
Genre/Form Electronic books.
Electronic books.
Other Form: Print version: Munnell, Alicia H. State and Local Pensions : What Now? Washington DC : Brookings Institution Press, ©2012 9780815724124
ISBN 9780815724131 (electronic book)
0815724136 (electronic book)
0815724128
9780815724124