A History of Public Sector Pensions in the United States

Robert L. Clark, Lee A. Craig, and Jack W. Wilson
Understanding US public pensions is important for future retirement system reforms. This comprehensive assessment of the development of US public plans covers colonial times to the 20th century.

March 2003 · University of Pennsylvania Press · ISBN 0-8122-3714-5

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• Chapter 1: The Evolution of Public Pensions 
  
• Chapter 2: Pension Economics
  
• Chapter 3: The Origins of Western Military Pensions
  
• Chapter 4: Establishing the U.S. Navy Pension Plan 
  
• Chapter 5: Management of the U.S. Navy Pension Fund 
  
• Chapter 6: Financial Markets and the Management of the Navy Pension Portfolio 
  
• Chapter 7: The Civil War and the Revival of the Navy Pension Fund 
  
• Chapter 8: The Development of the U.S. Army Pension Plan 
  
• Chapter 9: The Birth of the Federal Employees Pension Plan 
  
• Chapter 10: Early Pension Plans for State and Local Workers 
  
• Chapter 11: Lessons from the Early Development of Public Pensions 
  
• Appendix: Historical Price and Wage Indices
  
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