Sustainability of state and local government pension plans : trends and strategies /

Over 27 million employees and beneficiaries are covered by state and local government pension plans. However, the recent economic downturn and associated budget challenges confronting state and local governments pose some questions as to the sustainability of these plans, and what changes, if any, s...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Price, Natt B. (Editor )
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York : Nova Science Publishers, [2013]
Colección:Economic issues, problems and perspectives series.
Retirement issues, plans and lifestyles.
Temas:
State governments > Officials and employees > Pensions > United States.
Local government > Officials and employees > United States > Pensions.
Pensions > United States > States.
Administration locale > États-Unis > Fonctionnaires > Pensions.
BUSINESS & ECONOMICS > Labor.
POLITICAL SCIENCE > Labor & Industrial Relations.
Pensions > U.S. states.
State governments > Officials and employees > Pensions.
United States.
Acceso en línea:Texto completo
Tabla de Contenidos:
  • SUSTAINABILITY OF STATE AND LOCAL GOVERNMENT PENSION PLANS: TRENDS AND STRATEGIES; SUSTAINABILITY OF STATE AND LOCAL GOVERNMENT PENSION PLANS: TRENDS AND STRATEGIES; LIBRARY OF CONGRESS CATALOGING-IN-PUBLICATION DATA; CONTENTS; PREFACE; Chapter 1: STATE AND LOCAL GOVERNMENT PENSION PLANS: ECONOMIC DOWNTURN SPURS EFFORTS TO ADDRESS COSTS AND SUSTAINABILITY; WHY GAO DID THIS STUDY; WHAT GAO FOUND; ABBREVIATIONS; BACKGROUND; PLANS HAVE SUFFICIENT ASSETS TO PAY NEAR-TERM BENEFITS, BUT GROWING BUDGET PRESSURES WILL CHALLENGE THEIR SUSTAINABILITY.
  • STATES AND LOCALITIES HAVE MADE CHANGES TO REDUCE COSTS AND IMPROVE PLAN SUSTAINABILITYCONCLUDING OBSERVATIONS; AGENCY COMMENTS; APPENDIX 1. PROFILES OF SELECTED STATE AND LOCAL GOVERNMENT PENSIONS; APPENDIX II: ACTUARIAL METHODS AND ASSUMPTIONS FOR MEASURING FUNDED STATUS FOR PUBLIC SECTOR DEFINED BENEFIT PLANS; Chapter 2: STATE AND LOCAL GOVERNMENTS' FISCAL OUTLOOK; GAO'S STATE AND LOCAL FISCAL SIMULATIONS; SUBSTANTIAL POLICY CHANGES REQUIRED IN THE STATE AND LOCAL GOVERNMENT SECTOR TO MAINTAIN FISCAL BALANCE OVER THE LONG TERM.
  • STATE AND LOCAL GOVERNMENTS CONTINUE TO FACE LONG-TERM FISCAL CHALLENGES FROM ESTIMATED GROWTH IN HEALTH-RELATED COSTSASSUMPTIONS USED IN OUR 2012 STATE AND LOCAL MODEL SIMULATIONS; INDEX.

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