Essay: Resolving the Public Pension ‘Crisis’
Source: Jack Michael Beermann, Boston University School of Law, Public Law Research Paper No. 14-5, November 11, 2013 From the abstract: The high profile bankruptcy filing by the City of Detroit,...
View ArticleThe Health of State and Local Pensions
Source: David Tobenkin, NARFE Magazine, January 2014 There are lessons to be learned for Feds in the condition of other government plans. The Great Recession was not kind to state and local pension...
View ArticleGlobal Pensions Asset Study 2014
Source: Towers Watson, January 2014 From the abstract: This is a study of the 13 largest pension markets in the world and accounts for more than 85% of global pension assets. The countries included are...
View Article2014 Facts: State and Municipal Bankruptcy, Municipal Bonds, State and Local...
Source: NGA – National Governors Association, NCSL – National Conference of State Legislatures, CSG – The Council of State Governments, NACo – National Association of Counties, NLC – National League of...
View ArticlePension Politics: Public Employee Retirement System Reform in Four States
Source: Patrick McGuinn, Brookings Institution, Brown Center on Education Policy, February 2014 From the summary: ….Pension Politics: Public Employee Retirement System Reform in Four States by Patrick...
View ArticleBlowing up the benefits package
Source: Robert Barkin, American City and County, February 25, 2014 Without the financial ability to deliver on benefit promises made to employees, local and state governments are changing the rules of...
View ArticleRetirement Security in an Aging Society
Source: James M. Poterba, National Bureau of Economic Research (NBER), NBER Working Paper No. w19930, February 2014 (subscription required) From the abstract: The share of the U.S. population over the...
View ArticleWho Benefits from Pension Enhancements?
Source: Cory Koedel, Shawn Ni, Michael Podgursky, Education Finance and Policy, Early Access, Posted Online February 14, 2014 (subscription required) From the abstract: During the late 1990s public...
View ArticlePublic Pension Portfolios vs. Hedge Funds
Source: Penelope Lemov, Governing, March 13, 2014 A group of local pension plans has a strategy to fight 2-and-20 fees and lower the costs of private equity investments.
View ArticlePensions and Property Rights in Municipal Bankruptcy
Source: Richard M. Hynes, Steven D. Walt, Virginia Law and Economics Research Paper No. 2014-08, February 26, 2014 From the abstract: Recent large municipal bankruptcies raise legal and moral questions...
View ArticleSymposium on State and Local Government Pensions
Source: Public Budgeting & Finance, Volume 33, Issue 3, Fall 2013 (subscription required) Articles include: • Introduction: Symposium on State and Local Government Pensions by Philip Joyce In this...
View ArticleIs Pension Coverage a Problem in the Private Sector?
Source: Alicia H. Munnell and Dina Bleckman, Center for Retirement Research at Boston College (CRR), Issue Brief, IB#14-7, April 2014 The brief’s key findings are: - Commentators question whether...
View ArticleThe Fiscal Health of State Pension Plans: Funding Gap Continues to Grow
Source: Pew Charitable Trusts, Fact Sheet, March 2014 From the summary: Based on the most recent comprehensive data, the gap between what state and local governments have promised in pension benefits...
View ArticleUsing Automatic Escalation in Public Sector Retirement Plans to Increase Savings
Source: Paula Sanford, Center for State and Local Government Excellence, Issue Brief, March 2014 From the summary: This brief looks at how automatic escalation features can help public employees save...
View ArticleEmployer-sponsored benefits extended to domestic partners
Source: Elizabeth Ashack, Beyond the Numbers, Pay & Benefits, Vol. 3 no. 6, March 2014 ….This issue of Beyond the Numbers looks at the frequency with which health and defined-benefit plans are...
View ArticleWalking a Tightrope: Are U.S. State and Local Governments on a Fiscally...
Source: Bo Zhao and David Coyne, Federal Reserve Bank of Boston, Working Paper No. 13-18, December 2013 From the abstract: This paper develops a new measure of state and local fiscal sustainability...
View ArticleThe Use and Abuse of Labor’s Capital
Source: David H. Webber, Boston University School of Law, Public Law Research Paper No. 14-7, February 17, 2014 From the abstract: The recent financial crisis has jeopardized the retirement savings of...
View ArticleWhy Don’t Lower-Income Individuals Have Pensions?
Source: April Yanyuan Wu, Matthew S. Rutledge and Jacob Penglase, Center for Retirement Research at Boston College, IB#14-8, April 2014 The brief’s key findings are: - Obtaining an employer pension...
View ArticleReforming Public Pensions
Source: T. Leigh Anenson, Alex Slabaugh, Karen Eilers Lahey, Yale Law & Policy Review, Vol. 33 No. 1, 2014 From the abstract: Pension reform has taken center stage in the public policy debate as...
View ArticleLower-Income Individuals Without Pensions: Who Misses Out and Why?
Source: April Yanyuan Wu and Matthew S. Rutledge, Center for Retirement Research at Boston College, WP#2014-2, March 2014 From the abstract: In 2010, only 19 percent of individuals ages 50-58 whose...
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