Olivia S. Mitchell and Edwin C. Hustead, Editors
Public employee pensions are in deep trouble in many countries, undermining economic policy and threatening retiree well-being. What can be done to help them perform more efficiently and enhance old-age security? This volume takes stock of public pension developments in the US and Canada, highlighting challenges these financial institutions face in coming decades. The first Pension Research Council study of public pensions in a quarter-century tackles these topics with an impressive team of international actuarial, legal, and economic experts.
2001 · University of Pennsylvania Press · ISBN 0-8122-3578-9
- Order online from Amazon.com
- Download Table of Contents, Preface
- Chapter 1: Public Sector Pension Plans: Lessons and Challenges for the Twenty-First Century
Edwin C. Hustead and Olivia S. Mitchell - Chapter 2: Developments in State and Local Pension Plans
Olivia S. Mitchell, David McCarthy, Stanley C. Wisniewski, and Paul Zorn - Chapter 3: State Employee Pension Plans
Karen Steffen - Chapter 4: Federal Civilian and Military Retirement Systems
Edwin C. Hustead and Toni Hustead - Chapter 5: Canadian Public Sector Employee Pension Plans
Silvana Pozzebon - Chapter 6: Regulation and Taxation of Public Plans: A History of Increasing Federal Influence
Roderick B. Crane - Chapter 7: Governance and Investments of Public Pensions
Michael Useem and David Hess - Chapter 8: Investment Practices of State and Local Pension Funds: Implications for Social Security Reform
Alicia H. Munnell and Annika Sundén - Chapter 9: Asset/Liability Management in the Public Sector
Michael Peskin - Chapter 10: Determining the Cost of Public Pension Plans
Edwin C. Hustead - Chapter 11: The Life and Times of a Public Sector Pension Plan Before Social Security: The U.S. Navy Pension Plan in the Nineteenth Century
Robert L. Clark, Lee A. Craig, and Jack W. Wilson - Chapter 12: Going Private in the Public Sector: The Transition from Defined Benefit to Defined Contribution Pension Plans
Douglas Fore - Chapter 13: Florida’s Public Pension Reform Debate: A Discussion of the Issues and Estimates of the Option Costs
Kenneth Trager, James Francis, and Kevin SigRist - Chapter 14: Pension Governance in the Pennsylvania State Employees’ Retirement System
John Brosius - Chapter 15: The New Jersey Pension System
Tom Bryan - Chapter 16: Public Pensions in Washington, D.C.
Edwin C. Hustead - Chapter 17: Public Pension Design and Responses to a Changing Workforce
Cathie Eitelberg - Contributors, Index
