Download or read book Pensions in the Public Sector written by Olivia S. Mitchell and published by University of Pennsylvania Press. This book was released on 2001 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Pensions for Public Employees written by Alicia Haydock Munnell and published by . This book was released on 1979 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Future of Public Employee Retirement Systems written by Gary Anderson and published by OUP Oxford. This book was released on 2009-08-13 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: People covered by public pensions are often the subject of 'pension envy:' that is, their benefits might seem more generous and their contributions lower than those offered by the private sector. Yet this book points out that such judgments are often inaccurate, since civil servants hold jobs with few counterparts in private industry, such as firefighters, police, judges, and teachers. Often these are riskier, dirtier, and demand more loyalty and discretion than would be required of a more mobile labor force in the private sector. The debate challenges traditional ideas about how the public employee labor contract is structured and raises questions about how such employees are attracted to the public sector, retained and motivated on the job, and retired, via an entire compensation package of wages and benefits. Authors explore aspects of these schemes, addressing the cost and valuation debate, along with the political economy of how public pension asset pools are perceived and managed, an increasingly important topic in times of global financial turmoil. The discussion also explores ways that public pensions can be strengthened in the US, Japan, Canada, and Germany. The volume captures a vigorous debate currently underway by academics, financial experts, regulators, and plan sponsors, all seeking to define a new future for public retirement systems. It will be of substantial interest to a wide range of readers, since public sector employees and their representatives will naturally find the comparisons and arguments over valuation of keen interest. Public pension administrators and policymakers seeking an explanation of what makes these plans so costly will gain a new understanding of how the arguments stack up. Private sector employers and plan sponsors can learn much from efforts to reform these retirement systems in states and countries around the world. Finally, investors and the taxpaying public more generally may be at risk to cover these long-term promises, so it behoves them to pay close attention to the financing and investment practices of these plans, along with their valuation. This volume represents an invaluable addition to the Pension Research Council / Oxford University Press series as it includes actuarial, economic, and financial perspectives making it useful for academics, retirement plan administrators, and public employees wishing to understand the challenges facing public pensions.
Download or read book A History of Public Sector Pensions in the United States written by Robert Louis Clark and published by University of Pennsylvania Press. This book was released on 2003-05-12 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Pension Task Force Report on Public Employee Retirement Systems written by United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor Standards. Pension Task Force and published by . This book was released on 1978 with total page 902 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pensions in Public Employment written by National Municipal League. Committee on Pensions and published by . This book was released on 1922 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Welcome to the Public Employees Retirement System PERS written by Montana. Public Employees' Retirement Board and published by . This book was released on 2006 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Employee Retirement Systems written by Suzanne Saunders Taylor and published by Cornell University Press. This book was released on 1986 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Employee Retirement Systems is a highly informative contribution to the literature on pensions. It will be valued for its abundant statistical data and for its straightforward treatment of a subject that is often burdened with technicalities.
Download or read book Retirement Plans for Public Employees written by Municipal Finance Officers Association of the United States and Canada. Committee on Public Employee Retirement Administration and published by . This book was released on 1958 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Transferability of Public Employee Retirement Credits Among Units of Government written by United States. Advisory Commission on Intergovernmental Relations and published by . This book was released on 1963 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book State and Local Pensions written by Alicia H. Munnell and published by Rowman & Littlefield. This book was released on 2012-08-27 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Public Employees Retirement System written by Ohio Public Employees Retirement System and published by . This book was released on 1938* with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book State and Local Pension Fund Management written by Jun Peng and published by CRC Press. This book was released on 2008-08-21 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Download or read book Report of the Illinois Public Employees Pension Laws Commission written by Illinois Public Employees Pension Laws Commission and published by . This book was released on 1981 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Recommendations for a New Coordinated Escalator Retirement Plan and Ten year Cost Projections for All New York Public Employee Retirement Systems written by New York (State). Permanent Commission on Public Employee Pension and Retirement Systems and published by . This book was released on 1983 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report of the State Commission on Pensions on Supplementation Or Coordination of Social Security Coverage and Benefits of State Employees Retirement System written by New York (State). State Commission on Pensions and published by . This book was released on 1956 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Pensions written by Ken Ardon and published by . This book was released on 2006 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
