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COLA Cuts in State/Local Pensions

Source: Alicia H. Munnell, Jean-Pierre Aubry and Mark Cafarelli, Center for Retirement Research at Boston College, SLP#38, May 2014 The brief’s key findings are: – Since the financial crisis, 17 states...

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Worker Participation in Employer-Sponsored Pensions: A Fact Sheet

Source: John J. Topoleski, Congressional Research Service (CRS), CRS Report for Congress, R43439, March 26, 2014 This fact sheet provides data on the percentage of American workers who have access to...

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State and Local Government Finance: The New Fiscal Ice Age

Source: D. Roderick Kiewiet and Mathew D. McCubbins, Annual Review of Political Science, Vol. 17, May 2014 (subscription required) From the abstract: The Great Recession that began in late 2007 had...

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State and Local Government Workforce: 2014 Trends

Source: Center for State and Local Government Excellence, May 2014 From the summary: Local and state governments continue their hiring trend although their workforces are still smaller since the 2008...

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States Search for Retirement Security Beyond Obama’s myRA

Source: Penelope Lemov, Governing, May 29, 2014 The president’s public retirement savings account only goes so far, so about a dozen states are looking for alternative ways to help their many...

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The Case for Public Pension Reform: Early Evidence from Kentucky

Source: Maria O’Brien Hylton, Boston University School of Law, Public Law Research Paper No. 14-22, May 12, 2014 From the abstract: Kentucky has managed to effect major changes to some of its pension...

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Central Falls Retirees v. Bondholders: Assessing Fear of Contagion in Chapter...

Source: Maria O’Brien Hylton, Boston University School of Law, Public Law Research Paper No. 14-21, May 9, 2014 From the abstract: Modern Chapter 9 litigation has been characterized by extraordinary...

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State Fiscal Constitutions and the Law and Politics of Public Pensions

Source: Amy Monahan, University of Minnesota – Twin Cities – School of Law, Minnesota Legal Studies Research Paper No. 14-24,May 13, 2014 from the abstract: Pension plans for state and local employees...

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The Funding of State and Local Pensions: 2013-2017

Source: Alicia H. Munnell, Jean-Pierre Aubry and Mark Cafarelli, Center for Retirement Research at Boston College (CRR), State and Local Pension Plans, Number 39, June 2014 The brief’s key findings...

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Litigating for the Future of Public Pensions in the United States

Source: Paul M. Secunda, Marquette Law School Legal Studies Paper No. 14-19, June 6, 2014 From the abstract: It is nearly impossible in the United States today to go long without reading a headline...

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Credit rating industry dodges reforms, despite role in financial meltdown /...

Source: Alison Fitzgerald, Center for Public Integrity, June 18, 2014 Key findings: – Despite contributing to the 2008 financial crisis by rating bonds made up of toxic mortgages as ‘AAA,’ the big...

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Are Pensions Finally Fed Up with Social Divesting?

Source: Liz Farmer, Governing, June 26, 2014 In the past, pension funds have pulled their investments as a way of spurring change. But they’re changing their strategy when it comes to oil, coal and gas...

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How Public Pension Plans Can Develop and Maintain Actuarially Responsible...

Source: Paul Angelo and Brad Ramirez, HR News, Vol. 80 no. 12, December 2014 (subscription required) (scroll down) As HR managers for governmental entities know, the funding of U.S. public sector...

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Defined benefit pension decline: the consequences for organizations and...

Source: Ebony de Thierry, Helen Lam, Mark Harcourt, Matt Flynn, Geoff Wood, Employee Relations, Vol. 36 no. 6, 2014 (subscription required) From the abstract: Purpose – The purpose of this paper is to...

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Build your own pension plan: An interactive tool for public pension policy

Source: Ben Southgate, Urban institute, Metro Trends blog, January 28, 2015 Over the past half decade, many states and municipalities have been tinkering with the retirement benefits they offer...

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The Reality of the Retirement Crisis

Source: Keith Miller, David Madland, Christian E. Weller, Center for American Progress, January 26, 2015 From the summary: When reviewing the data on how American workers are saving for retirement, two...

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Importance of Supplemental Retirement Savings Plans for City and County...

Source: Robert L. Clark, Melinda Sandler Morrill, Matthew Anderson, and Aditi Pathak, Center for State and Local Government Excellence, January 2015 From the summary: This brief is the final in a...

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Special Issue on Retirement Benefits for State and Local Employees: Designing...

Source: Edited by Josh Rauh and Mark Duggan, Journal of Public Economics, August 2014 (subscription required) Articles include: Introduction to the Special Issue on Retirement Benefits for State and...

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Public Pension Plan Update

Source: Julia Zuckerman, Joanne Jacobson, Xerox Corporation and Buck Consultants, FYI – For Your Information, Volume 38 Issue 21, February 3, 2015 Public pension liability remains a hot, fast-moving,...

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Case Studies of State Pension Plans that Switched to Defined Contribution Plans

Source: National Institute on Retirement Security, Public Pension Resource Guide, February 2015 From the press release: A series of new case studies finds that states that shifted retirement plans from...

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