Pension Plan Evolution – A New Financial Reality
Source: Ontario Teachers’ Pension Plan, 2013 From the summary: The documentary takes a global look at how pension plans are changing to meet economic and demographic challenges ranging from volatile...
View ArticlePublic Pension Underfunding in California: A Perfect Storm Likely to Sweep...
Source: John G. Kilgour, Compensation Benefits Review, vol. 44 no. 6, November/December 2012 (subscription required) From the abstract: As is widely known, public sector pension plans and state and...
View ArticleReforming Public Pay and Benefits
Source: Thom Reilly, State and Local Government Review, Vol. 45 no. 1, March 2013 (subscription required) From the abstract: State and local governments are grappling with huge unfunded liability costs...
View ArticleFormer Presidents: Pensions, Office Allowances, and Other Federal Benefits
Source: Wendy Ginsberg, Congressional Research Service, CRS Report for Congress, RL34631, March 21, 2013 The Former Presidents Act (FPA; 3 U.S.C. §102 note) charges the General Services Administration...
View ArticleBudget tug of war means pension cuts
Source: Robert Barkin, American City and County, Vol. 128 no. 2, February 2013 According to the National Association of Government Defined Contribution Administrators, 43 states have made one or more...
View ArticlePension Funding Guide: A Guide for Local Officials
Source: National Governors Association (NGA), National Conference of State Legislatures (NCSL), The Council of State Governments (CSG), National Association of Counties (NACo), National League of...
View ArticleFinancial Education and Choice in State Public Pension Systems
Source: Julie Agnew, Joshua Hurwitz, National Bureau of Economic Research, NBER Working Paper No. 18907, March 2013 (subscription required) From the abstract: As more and more public pension systems...
View ArticleSix Simple Steps: Reforming the Illinois State Universities Retirement System
Source: Jeffrey Brown, Steven Cunningham, Avijit Ghosh, David Merriman, Scott Weisbenner, Institute of Government and Public Affairs at the University of Illinois, March 12, 2013 From the summary: As...
View ArticleUsing Pension Funds to Build Infrastructure and Put Americans to Work
Source: Donna Cooper and John Craig, Center for American Progress, March 2013 From the summary: …The Center for American Progress estimates that all levels of government, together with the private...
View ArticlePension Reform Success Stories
Source: Liz Farmer, Governing, April 2013 Most states and many municipalities have passed some kind of pension reform in recent years, but only a few did so in a way that addresses the immediate...
View ArticleThe Great Recession: Pressures on Public Pensions, Employment Relations and...
Source: Ilana Boivie, Christian E. Weller, National Institute on Retirement Security, November 2012 From the summary: A new research brief examines the workforce impacts of existing defined benefit...
View Article2012 Public Pension Funding Study
Source: Rebecca A. Sielman, Milliman, October 2012 From the abstract: During the past year, the 100 largest U.S. public pension plans (as measured by accrued liability) reported assets of $2.705...
View ArticleMaking Labor Pay: Recent battles in Wisconsin and San Jose show why we need...
Source: Katherine Sciacchitano, Dollars & Sense, no. 302, September/October 2012 The political economy of the recovery is making the United States even more unequal than it was during the bubble...
View ArticleSymposium: Public Employment in Times of Crisis
Source: ABA Journal of Labor and Employment Law, Volume 27, Number 2, Winter 2012 (scroll down) From the editor’s page: …The 2011 legislatures acted in the midst of some of the most difficult economic...
View ArticleThe Impact of Long Vesting Periods on State and Local Workers
Source: Alicia H. Munnell, Jean-Pierre Aubry, Joshua Hurwitz and Laura Quinby, State and Local Pension Plans, SLP#26, November 2012 From the key findings: - Public sector defined benefit plans provide...
View ArticleState and Local Pensions 101
Source: Rachel Barkley, Morningstar, November 1, 2012 Government pension plans have been in the news often lately, usually attached to dire predictions and inflammatory language. News reports warn...
View ArticleThe State of State Pension Plans: A Deep Dive Into Shortfalls and Surpluses
Source: Rachel Barkley, Morningstar, November 26, 2012 The challenges and vulnerabilities facing government pension plans have gained new public prominence and attention of late. Both governing...
View ArticleGASB Approves New Accounting Standards for Public Sector Pension Plans and...
Source: Kim Nicholl and Paul Angelo, Pension Section News, Issue No. 78, November 2012 The Governmental Accounting Standards Board (GASB), the organization responsible for establishing accounting and...
View ArticleA Pension Deficit Disorder: The Massive CEO Retirement Funds and Underfunded...
Source: Sarah Anderson and Scott Klinger. Institute for Policy Studies, November 27, 2012 From the summary: This report analyzes the retirement policies of the U.S. corporations leading the “Fix the...
View ArticleState Guaranteed Retirement Accounts: A Low-Cost, Secure Solution To...
Source: Teresa Ghilarducci, Robert Hiltonsmith, Lauren Schmitz, Dēmos, November 2012 From the summary: Our nation is on the brink of a retirement crisis that could have severe consequences for both...
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