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Record Nr. |
UNINA9910810847603321 |
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Autore |
Munnell Alicia Haydock |
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Titolo |
State and local pensions [[electronic resource] ] : what now? / / Alicia H. Munnell |
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Pubbl/distr/stampa |
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Washington, D.C., : Brookings Institution Press, c2012 |
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ISBN |
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1-283-57925-1 |
9786613891709 |
0-8157-2413-6 |
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Descrizione fisica |
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1 online resource (266 p.) |
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Disciplina |
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Soggetti |
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Local officials and employees - Pensions - Law and legislation - United States |
Local officials and employees - Pensions - United States |
State governments - Officials and employees - Pensions - Law and legislation - United States |
State governments - Officials and employees - Pensions - United States |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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Front Cover; Inside Flap; Title Page; Copyright Information; Table of Contents; Acknowledgments; Introduction; State and Local Pensions: From the 1970's to Today; The Discount Rate and Other Accounting and Funding Issues; Why Are Some Plans in Trouble and Others Not?; Are Public Plans Budget Busters?; Are Public Employees Overpaid or Underpaid?; Do Defined Contribution Plans Have a Role in the Public Sector?; Making State and Local Pensions Better; References; Index; Back Cover |
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Sommario/riassunto |
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In the wake of the financial crisis and Great Recession, the health of state and local pension plans has emerged as a front burner policy issue. Elected officials, academic experts, and the media alike have pointed to funding shortfalls with alarm, expressing concern that pension promises are unsustainable or will squeeze out other pressing government priorities. A few local governments have even filed for bankruptcy, with pensions cited as a major cause. Alicia H. Munnell draws on both her practical experience and her research to provide |
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