Pensions: Making the Number Our Own
Source: Bob Scott, Government Finance Review, Vol. 30 no. 4, August 2014 (subscription required) With the implementation of Governmental Accounting Standards Board Statement No. 68, Accounting and...
View ArticleUnderstanding the Role of Pension Obligation Bonds: The California Experience
Source: John G. Kilgour, Compensation Benefits Review, Vol. 46 no. 2, March/April 2014 (subscription required) From the abstract: Taxable pension obligation bonds (POBs) emerged in 1993 and have been...
View Article2014 National Cash Balance Research Report
Source: Kravitz, 2014 Highlights: • The Cash Balance Plan market surged 22% versus a 1% increase in number of 401(k) plans: Despite a strengthening economy, the 401(k) market remained flat between 2011...
View ArticleSummary of the Quarterly Survey of Public Pensions for 2014: Q1
Source: U.S. Census Bureau, G14-QSPP2, September 2014 From the summary: For the 100 largest public-employee pension systems in the country, cash and security holdings totaled $3,365.4 billion in the...
View ArticleHow Much Are Public School Teachers Willing to Pay for Their Retirement...
Source: Maria Donovan Fitzpatrick, National Bureau of Economic Research (NBER), NBER Working Paper No. 20582, October 2014 From the abstract: Public sector employees receive large fractions of their...
View ArticleMultiemployer Plans – A Proposal to Spread the Pain
Source: Alicia H. Munnell, Jean-Pierre Aubry, Wenliang Hou and Anthony Webb, Center for Retirement Research at Boston College, IB#14-17, October 2014 The brief’s key findings are: A small, but...
View ArticleDo Public Pensions Help Recruit and Retain High-Quality Workers
Source: Alicia H. Munnell, Jean-Pierre Aubry and Geoffrey T. Sanzenbacher, Center for Retirement Research at Boston College, SLP#41, October 2014 The brief’s key findings are: – Research shows that...
View ArticleThe Primary and Supplemental Retirement Plans of State and Local Governments
Source: Joshua Franzel, Center for State and Local Government Excellence, October 14, 2014 Joshua Franzel participated on a panel at the Stable Value Investment Association’s 2014 Fall Forum. The panel...
View ArticleThe Great Recession, Decline and Rebound in Household Wealth for the Near...
Source: Alan L. Gustman, Thomas L. Steinmeier, Nahid Tabatabai, National Bureau of Economic Research (NBER), NBER Working Paper No. w20584, October 2014 (subscription required) From the abstract: This...
View ArticleRetirement Benefit Decisions by City and County Governments
Source: Robert L. Clark, Melinda Sandler Morrill, Matthew Anderson, and Aditi Pathak, Center for State and Local Government Excellence, Issue Brief, November 2014 From the summary: This brief is the...
View ArticleUrban Fiscal Stability and Public Pensions: Sustainability Going Forward
Source: University of Pennsylvania, Institute for Urban Research, November 11, 2014 On Nov. 11, Penn IUR hosted a dynamic discussion with leading practitioners and researchers on the complex fiscal...
View ArticleA Green Bond for Public Pensions
Source: Penelope Lemov, Governing, November 13, 2014 Pension plans want to support environmental projects, but there is one thing holding them back…. Girard Miller, chief investment officer of the...
View ArticleStill a Better Bank for the Buck: Update on the Economic Efficiencies of...
Source: William B. Fornia, Nari Rhee, National Institute on Retirement Security, December 2014 From the summary: New research finds that pension plans are a far more cost-efficient means of providing...
View ArticleBuilding Bulwarks Against the Breakdown of Retirement Benefits for Public...
Source: Amanda Cuda, HR News, Vol. 80 no. 11, November 2014 (scroll down) (subscription required) ….Recognizing that cutting subsidies and payments cannot stand as the only way to address pension...
View ArticleLobbying Behavior of Governmental Entities: Evidence from Public Pension...
Source: Abigail M. Allen, Reining Petacchi, Harvard Business School Accounting & Management Unit Working Paper No. 15-043, November 30, 2014 From the abstract: We examine the lobbying behavior of...
View ArticleEven with Stock Market’s Rise, Many Pensions Haven’t Recovered from Recession
Source: Liz Farmer, Governing, December 17, 2014 Almost 40 percent of pension plans examined, even those that have been well-funded, have yet to reach their pre-recession peaks.
View ArticleTeacher Retirement Plans: Case Studies in Washington and Ohio Indicate Value...
Source: Diane Oakley and Ilana Boivie, National Institute on Retirement Security, Issue Brief, December 2014 From the summary: An issue brief finds that teachers prefer a stand-alone defined benefit...
View ArticleThe State of Public Employment in 2014
Source: Heather Kerrigan, Governing, December 18, 2014 A look back at how state and local government workers fared this year in terms of pensions, health care and jobs.
View ArticleViews on the Value of Voluntary Workplace Benefits: Findings from the 2014...
Source: Paul Fronstin, Ruth Helman, Employee Benefit Research Institute (EBRI), EBRI Notes, Vol. 35 No. 11, November 2014 From the abstract: The Employee Benefit Research Institute (EBRI) has been...
View ArticleHow Did State/Local Plans Become Underfunded?
Source: Alicia H. Munnell, Jean-Pierre Aubry and Mark Cafarelli, Center for Retirement Research at Boston College (CRR), SLP#42, January 2015 The brief’s key findings are: – A new analytical tool tells...
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