A History Of Public Sector Pensions In The United States
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A History Of Public Sector Pensions In The United States
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Author : Robert Louis Clark
language : en
Publisher: University of Pennsylvania Press
Release Date : 2003-05-12
A History Of Public Sector Pensions In The United States written by Robert Louis Clark and has been published by University of Pennsylvania Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-05-12 with History categories.
From the Wharton School, offering a comprehensive assessment of the political and financial dimensions of public-sector pensions from the colonial period until the emergence of modern retirement plans in the twentieth century.
State And Local Retirement Plans In The United States
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Author : Robert L. Clark
language : en
Publisher: Edward Elgar Publishing
Release Date : 2011-01-01
State And Local Retirement Plans In The United States written by Robert L. Clark and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-01 with Business & Economics categories.
State and Local Retirement Plans in the United States explains how economic and political events have shaped the development of pension plans in the last century, and it argues that changes in the structure and generosity of these plans will continue to shape policy and funding in the future. It also brings to bear a new rationale to the policies behind public sector pension plans. The authors use the history of how early public pension plans were established, how they matured and how they have grown in generosity to analyze what changes may be expected in years to come. Unique in its scope, this comprehensive history of the development of public sector pension plans in the United States during the twentieth century expands upon current ideas relating to the changing economic environment, the passage and evolution of social security, and the expansion of the public sector. With the exception of military pension plans, which date from the eighteenth century, the first public sector plans, dating from the late nineteenth century, were established to cover teachers, police officers and fire fighters in large cities. Over time, these retirement plans were extended to other public sector workers and the local plans were often merged with plans for state workers; all of these date from the twentieth century. Here, the authors show just how pension coverage for public sector workers expanded steadily, through the first half of the twentieth century, so that by the 1960s the vast majority of public sector workers were covered by a plan. This analysis demonstrates how economic events and shifts in public policy at the federal, state, and local levels helped to shape public sector retirement plans. The authors also compare public plans with private sector plans, and the final chapter focuses on recent changes in public pensions in response to the 'Great Recession', concurrent sharp declines in equity markets and the aging of the public workforce.
Pensions In The Public Sector
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Author : Olivia S. Mitchell
language : en
Publisher: University of Pennsylvania Press
Release Date : 2001
Pensions In The Public Sector written by Olivia S. Mitchell and has been published by University of Pennsylvania Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
From the Pension Research Council of the Wharton School, this book explores the diversity of governmental pension plans and investigates how these financial institutions must change in years to come.
The Bureau Of Pensions
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Author : Gustavus Adolphus Weber
language : en
Publisher:
Release Date : 1923
The Bureau Of Pensions written by Gustavus Adolphus Weber and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1923 with categories.
Pension Ponzi
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Author : Bill Tufts
language : en
Publisher: John Wiley & Sons
Release Date : 2011-01-25
Pension Ponzi written by Bill Tufts and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-25 with Business & Economics categories.
The vast majority of Canadians are blissfully unaware that every man, woman and child in Canada now owes a $35,000 share of government debt and must pay this back, with interest! Make no mistake, this debt will change our country and affect every single Canadian in the decades to come. You may think you have planned for your retirement and are safe, but the government must find a way to recover this borrowed money, and they can only do that by raising your taxes and reducing your hard-earned benefits. How did this debt come about, and why can't we simply pay it off? Pension Ponzi lays the blame squarely at the feet of the politicians who refused to stand up to Canada's public sector unions. The fact is Canada's public sector, which accounts for 20% of the workforce, has been grossly overpaid relative to their counterparts in the private sector with cushy pensions paid for with your taxes and new debt. There is no denying that the country does not have the financial resources to ensure that the next generation of Canadians will have the same standard of living as the ones before it-or to support our growing seniors population. Meeting our public sector pension obligations will break the current social safety net that is a pillar of the Canadian way. Can you escape this bleak future? Can you afford to live longer? Nationally-recognized pension expert Bill Tufts and award-winning journalist Lee Fairbanks explore how this catastrophe came about and then suggest ways that government can fix what's broken, and how you as an individual can protect yourself from the financial calamity that is about to engulf Canada.
The Bureau Of Pensions
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Author : Gustavus Adolphus Weber
language : en
Publisher:
Release Date : 1974
The Bureau Of Pensions written by Gustavus Adolphus Weber and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with categories.
State And Local Pension Fund Management
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Author : Jun Peng
language : en
Publisher: CRC Press
Release Date : 2008-08-21
State And Local Pension Fund Management written by Jun Peng and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-08-21 with Political Science categories.
Intense media coverage of the public pension funding crisis continues to fuel heightened awareness in and debate over public pension benefits. With over $3 trillion in assets currently under management, the ramifications of poor oversight are severe. It is important that practitioners, researchers, and taxpayers be well-advised regarding any concer
Teachers Pension Systems In The United States
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Author : Paul Studensky
language : en
Publisher: Forgotten Books
Release Date : 2015-07-17
Teachers Pension Systems In The United States written by Paul Studensky and has been published by Forgotten Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-17 with categories.
Excerpt from Teachers' Pension Systems in the United States: A Critical and Descriptive Study In 1906, the state of Massachusetts appointed a commis sion, with Mr. Magnus W. Alexander as chairman, to study the general problem of old age pensions, annuities and insur ance. Incidentally, the commission touched upon the prob lem of pensions in the public service and published in 1910 a report which stimulated a good deal of sound thought in the country. Beginning in 1910, Mr. Herbert D. Brown pre pared a series of reports, all of which have been published by the national government, dealing with the Civil service retire ment system of Great Britain, New Zealand and New South Wales, Australia, and the problem of establishing a retire ment system by the national government for its employees. The New York Bureau of Municipal Research became inter ested in the pension problem soon after its establishment. It made a thorough actuarial investigation of the New York City Police Pension Fund - the first actuarial investigation of a civil service pension fund in this country - and prepared a report, which resulted in the establishment in New York City of a commission to investigate all the nine pension funds, including the teachers' fund, in Operation in New York City and led to similar actuarial investigations of funds in other cities. The sound pension thought which emanated from these three active centers, Washington, New York City and Boston, spread over the entire country and affected the teach ers' pension movement. The first to consider the establishment of a sound pension system for teachers was the state of Massachusetts. The state board of education was directed in 1911 to investigate the establishment of a state-wide retirement system for teach ers and to submit its recommendations before January, 1913. The investigation, aided by Mr. C. A. Prosser and Mr. W. 1. Hamilton, resulted in the establishment in 1913 of the first scientifically constructed teachers' retirement system in this country. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Pensions Economics And Public Policy
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Author : Richard A. Ippolito
language : en
Publisher: University of Pennsylvania Press
Release Date : 1986
Pensions Economics And Public Policy written by Richard A. Ippolito and has been published by University of Pennsylvania Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Business & Economics categories.
From the Pension Research Council of the Wharton School
The Challenge Of Public Pension Reform In Advanced And Emerging Economies
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Author : Mr.Benedict J. Clements
language : en
Publisher: International Monetary Fund
Release Date : 2013-01-25
The Challenge Of Public Pension Reform In Advanced And Emerging Economies written by Mr.Benedict J. Clements and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-25 with Business & Economics categories.
Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced economies. Where pension coverage is low, the key challenge will be to expand coverage in a fiscally sustainable manner. This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.