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Funding Of State And Local Government Pension Plans And Need For Congress To Closely Monitor Such Plans
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Book Synopsis Funding of State and Local Government Pension Plans and Need for Congress to Closely Monitor Such Plans by : United States Accounting Office (GAO)
Download or read book Funding of State and Local Government Pension Plans and Need for Congress to Closely Monitor Such Plans written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-06-15 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Funding of State and Local Government Pension Plans and Need for Congress To Closely Monitor Such Plans
Book Synopsis Funding of State and Local Government Pension Plans -- a National Problem by : United States. General Accounting Office
Download or read book Funding of State and Local Government Pension Plans -- a National Problem written by United States. General Accounting Office and published by . This book was released on 1979 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Funding of State and Local Government Pension Plans, a National Problem by : United States. General Accounting Office
Download or read book Funding of State and Local Government Pension Plans, a National Problem written by United States. General Accounting Office and published by . This book was released on 1979 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis State and Local Government Pension Plans: Current Structure and Funded Status by : Barbara D. Bovbjerg
Download or read book State and Local Government Pension Plans: Current Structure and Funded Status written by Barbara D. Bovbjerg and published by DIANE Publishing. This book was released on 2009 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Funding of State and Local Government Pension Plans by : U S Government Accountability Office (G
Download or read book Funding of State and Local Government Pension Plans written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-07-01 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congress is considering establishing federal standards for state and local government pension plans similar to those imposed on private plans by the Employee Retirement Income Security Act of 1974. The act generally provides that the minimum standard for pension funding by private employers be an annual contribution for normal costs plus the amount needed to amortize current unfunded liabilities in 40 equal annual installments. Public pensions are becoming a large financial burden on state and local governments, and that burden will increase in the future. Many jurisdictions do not systematically fund retirement benefits accruing to their employees. Adopting a pension plan funding standard similar to that required by the act would have serious initial impact on some jurisdictions. During the years the plans are on a pay-as-you-go basis, their unfunded liabilities will continue to grow. At the end of the amortization period of 40 years required for private plans, their unfunded liabilities will more than triple and yearly pay-as-you-go contributions will increase several fold. To protect the pension benefits earned by public employees and to avert fiscal disaster, state and local governments need to fund the normal or current cost of their pension plans on an annual basis and amortize the plans' unfunded liabilities. Although sponsoring governments are responsible for sound funding of state and local government plans, the federal government has substantial interest in these pension plans. Many jurisdictions have increasingly relied on federal grant funds and revenue sharing to help meet pension plan costs. These plans directly affect the continued well-being and security of millions of state and local government employees and their dependents.
Book Synopsis GAO Documents by : United States. General Accounting Office
Download or read book GAO Documents written by United States. General Accounting Office and published by . This book was released on 1981 with total page 916 pages. Available in PDF, EPUB and Kindle. Book excerpt: Catalog of reports, decisions and opinions, testimonies and speeches.
Book Synopsis Funding of State and Local Government Pension Plans, a National Problem by : United States. General Accounting Office
Download or read book Funding of State and Local Government Pension Plans, a National Problem written by United States. General Accounting Office and published by . This book was released on 1979 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis federal retirement thrift investment board, many responsibilities and investmentpolicies set by congress by :
Download or read book federal retirement thrift investment board, many responsibilities and investmentpolicies set by congress written by and published by DIANE Publishing Inc.. This book was released on 2007 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book BNA Pension Reporter written by and published by . This book was released on 1991 with total page 1130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Congressional Record by : United States. Congress
Download or read book Congressional Record written by United States. Congress and published by . This book was released on 1972 with total page 1392 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis GAO documents by : United States. General Accounting Office
Download or read book GAO documents written by United States. General Accounting Office and published by . This book was released on 1980 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Catalog of reports, decisions and opinions, testimonies and speeches.
Author :United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor-Management Relations. Welfare and Pension Plans Task Force Publisher : ISBN 13 : Total Pages :1736 pages Book Rating :4.3/5 (121 download)
Book Synopsis Hearings on the Public Employee Retirement Income Security Act of 1980 by : United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor-Management Relations. Welfare and Pension Plans Task Force
Download or read book Hearings on the Public Employee Retirement Income Security Act of 1980 written by United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor-Management Relations. Welfare and Pension Plans Task Force and published by . This book was released on 1981 with total page 1736 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis State and Local Pensions by : Alicia H. Munnell
Download or read book State and Local Pensions written by Alicia H. Munnell and published by Rowman & Littlefield. This book was released on 2012-08-27 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. Alicia H. Munnell draws on both her practical experience and her research to provide a broad perspective on the challenge of state and local pensions. She shows that the story is big and complicated and cannot be viewed through a narrow prism such as accounting methods or the role of unions. By examining the diversity of the public plan universe, Munnell debunks the notion that all plans are in trouble. In fact, she finds that while a few plans are basket cases, many are functioning reasonably well. Munnell's analysis concludes that the plans in serious trouble need a major overhaul. But even the relatively healthy plans face three challenges ahead: an excessive concentration of plan assets in equities; the risk that steep benefit cuts for new hires will harm workforce quality; and the constraints plans face in adjusting future benefits for current employees. Here, Munnell proposes solutions that preserve the main strengths of state and local pensions while promoting needed reforms.
Book Synopsis Inspector General, United States Department of Defense Semiannual Report to the Congress: October 1, 1996 - March 31, 1997 by :
Download or read book Inspector General, United States Department of Defense Semiannual Report to the Congress: October 1, 1996 - March 31, 1997 written by and published by DIANE Publishing. This book was released on with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis General Accounting Office Publications by : United States. General Accounting Office
Download or read book General Accounting Office Publications written by United States. General Accounting Office and published by . This book was released on 1978 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis General Accounting Office Publications by :
Download or read book General Accounting Office Publications written by and published by . This book was released on 1980-12 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis General Accounting Office publications by : United States. General Accounting Office
Download or read book General Accounting Office publications written by United States. General Accounting Office and published by . This book was released on 1980 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
