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California Dreaming : Lessons on How to Resolve America's Public Pension Crisis.
California's unfunded public pension liability, when measured correctly, is two to four times larger than official government estimates. In total, California's 86 defined-benefit public pension plans are underfunded by roughly 430 billion, representing California's greatest financial...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Chicago :
Independent Institute,
2015.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | California's unfunded public pension liability, when measured correctly, is two to four times larger than official government estimates. In total, California's 86 defined-benefit public pension plans are underfunded by roughly 430 billion, representing California's greatest financial challenge since the Great Depression. The failure to fully fund the pension promises has allowed the current generation to receive public services that they are not fully paying for, pushing the pension problem onto future generations. California Dreamin': Resolving the Public Pension Crisis explains how six refor. |
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| Descripción Física: | 1 online resource (162 pages) |
| Bibliografía: | Includes bibliographical references and index. |
| ISBN: | 9781598131918 1598131915 9781598131901 1598131907 |