State and Local Government Pension Plans: Current Structure and Funded Status

State and Local Government Pension Plans: Current Structure and Funded Status PDF

Author: Barbara D. Bovbjerg

Publisher: DIANE Publishing

Published: 2009

Total Pages: 28

ISBN-13: 1437907776

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Millions of state and local gov¿t. employees are promised pension benefits when they retire. There is a fed. interest in ensuring that all Americans have a secure retirement. Recently, new accounting standards have called for the reporting of liabilities for future retiree health benefits. It is unclear what actions state and local governments may take once the extent of these liabilities becomes clear, but such anticipated fiscal and economic challenges have raised questions about the unfunded liabilities for state and local retiree benefits. This is a report on: (1) the current structure of state and local gov¿t. pension plans and how pension benefits are protected and managed; and (2) the current funded status of state and local gov¿t. pension plans. Charts.

Handbook of Employee Benefits and Administration

Handbook of Employee Benefits and Administration PDF

Author: Christopher G. Reddick

Publisher: CRC Press

Published: 2008-04-09

Total Pages: 448

ISBN-13: 1420051938

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Fiscal realities and changing social priorities are requiring a dramatic shift in the way that benefits are selected and awarded to employees, especially in the public sector. This means that public administrators and policy researchers must consider new parameters and contingencies, both financial and social, when evaluating choices and making pol

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