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State and Local Pensions: What Now?
Alicia H. Munnell
[PDF.vi87] State and Local Pensions: What Now?
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| #546991 in Books | imusti | 2012-09-12 | Original language:English | PDF # 1 | 9.30 x.60 x6.00l,1.20 | File type: PDF | 254 pages | Brookings Institution Press||1 of 1 people found the following review helpful.| Objective and Well-Researched|By Dr. Howard A. Frank|This is one of the most important subjects in current public policy debate. Professor Munell's work is thorough and thought-provoking. She is correct in asserting that a handful of very poorly defined benefit plans have given all a bad name. That said, she does see the potential use of hybrid plans that combine defined contr
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. You easily download any file type for your device.State and Local Pensions: What Now? | Alicia H. Munnell. I was recommended this book by a dear friend of mine.
