Public Sector Pension Reform: Addressing Pressing Fiscal Realities from a...
Source: Thomas L. Gais, Paul J. Yakoboski, TIAA-CREF Institute and the Rockefeller Institute of Government, June 2013 From the press release: A report released today by the TIAA-CREF Institute and the...
View Article2013 Employee Benefits Research Report: An Overview of Employee Benefits...
Source: Society for Human Resource Management (SHRM), 2013 From the abstract: SHRM’s 2013 Employee Benefits research report provides comprehensive information about the types of benefits U.S. employers...
View ArticleThe Big Squeeze: Retirement Costs and School District Budgets
Source: Dara Zeehandelaar and Amber M. Winkler, Fordham Institute, June 2013 From the summary: When it comes to pension reform in the education realm, it’s hard to stay positive. Here, we’re saddled...
View ArticleFather of modern 401(k) says it fails many Americans
Source: Scott Tong, American Public Media, Marketplace, June 13, 2013 …The rise of the 401(k) and the fall of pensions Big companies offered them first, and in the meantime started ditching pension...
View ArticleCity Approaches to Public Pensions: Report
Source: United States Conference of Mayors, Volume II, June 2013 …This report, the fourth in the Conference’s series on city pension systems,… describes efforts undertaken in 19 cities of all sizes to...
View ArticleTruth in Numbers? A Brief History of Cuts to the Employees’ Retirement System...
Source: Monique Morrissey, Economic Policy Institute, Briefing Paper #363, June 20, 2013 From the summary: …This briefing paper provides an overview of the cuts to Rhode Island’s pension system since...
View ArticleThe Funding of State and Local Pensions: 2012-2016
Source: Alicia H. Munnell, Jean-Pierre Aubry, Josh Hurwitz, and Madeline Medenica, State and Local Pension Plans, SLP#32, July 2013 The brief’s key findings are: - During 2012, using current GASB...
View ArticleWall Street Fees, Investment Returns, Maryland and 49 Other State Pension Funds
Source: Jeff Hooke and John J Walters, Maryland Public Policy Institute and the Maryland Tax Education Foundation, Maryland Policy Report no. 2013-02, July 2, 2013 From the summary: In this report, the...
View ArticleThe Funding of State and Local Pensions: 2012-2016
Source: Alicia H. Munnell, Jean-Pierre Aubry, Joshua Hurwitz, Madeline Medenica, Center for Retirement Research at Boston College, June 2013 This brief finds that the funded status of state and local...
View Article2012 Census of Governments: Finance — Survey of Public Pensions:...
Source: U.S. Census Bureau, August 1, 2013 This release provides a comprehensive look at the financial activity and membership information of the nation’s 227 state-administered defined benefit...
View ArticleAmerican Retirement Savings Could Be Much Better
Source: Rowland Davis and David Madland, Center for American Progress, August 2013 From the summary: The personal retirement-savings plans that most Americans use, such as 401(k)s and Individual...
View ArticleDetroit’s Pension Problems: Not as Bad as They’re Portrayed
Source: Monique Morrissey, Economic Policy Institute, Working Economics blog, August 1, 2013 Detroit’s emergency manager, Kevyn Orr, claims Detroit owes $3.5 billion to its public pension funds. This...
View ArticleA Framework for Restructuring the Military Retirement System
Source: Roy A. Wallace, Lieutenant Colonel David S. Lyle, Dr. John Z. Smith, Strategic Studies Institute, U.S. Army War College, ISBN 1-58487-580-1, July 2013 The current military retirement system has...
View ArticleGo Figure
Source: Keith Brainard, State Legislatures, Vol. 39 no. 7, July/August 2013 New guidelines are changing how public pension accounting affects the books, the budget and bond ratings. Online: More on new...
View ArticleLessons for Private Sector Retirement Security from Australia, Canada, and...
Source: John A. Turner and Nari Rhee, National Institute on Retirement Security, Issue Brief, August 2013 While the U.S. faces a retirement crisis, other countries have implemented programs that...
View ArticleAll of the Above: How Fiscal, Political, and Workforce Traits Affect Pension...
Source: Michael Thom, State and Local Government Review, Vol. 45 no. 3, September 2013 (subscription required) From the abstract: Public sector pension funding varies significantly across the states, a...
View ArticleCan Public Employees Be Trusted to Choose the Right Retirement Plan?
Source: Liz Farmer, Governing, View blog, September 19, 2013 Switching from a defined-benefit plan to a defined-contribution, 401(k)-style plan may be all the rage in states and localities these days,...
View ArticleHow Sensitive is Public Pension Funding to Investment Returns?
Source: Alicia H. Munnell, Jean-Pierre Aubry, and Josh Hurwitz, Center for Retirement Research at Boston College, Issue in Brief, SLP#34, September 2013 The brief’s key findings are: • To assess the...
View ArticleLooting the Pension Funds – All across America, Wall Street is grabbing money...
Source: Matt Taibbi, Rolling Stone, September 26, 2013 In the final months of 2011, almost two years before the city of Detroit would shock America by declaring bankruptcy in the face of what it...
View ArticlePicking Winners? Investment Consultants’ Recommendations of Fund Managers
Source: Tim Jenkinson, Howard Jones, Jose Vicente Martinez, University of Oxford, Saïd Business School, September 17, 2013 From the abstract: U.S. plan sponsors managing over $13 trillion rely on...
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