The financing of public ertployee pensions has becone an issue of grcing public cxncern. This paper examines the fundinq status of teacher pension plans for the fifty states and for selected localities for the decade, 1971—1980. A pension underfunding equation based upon actuarial principles is specified and estimated using a sanpie of pension plans for which actuarially sound neasures of underfundings are available. The econontrically-estirnated pension equation is then used to "predict " underfundings for each state and local pension plan for each year for which full pension plan data are available. The results reveal that the real dollar value of plan underfundings has risen by over 50 % in the average state from 1971-1980. Str...
Public pension funds that cover retirement benefits for almost 20 million active or retired employee...
The public pension crisis has come under increasing scrutiny over the past decade as shifting demogr...
Most state and local retirement plans strive for full funding, at least by actuarial standards. Fund...
State and local government pension underfunding has become a major focus of public policy debate due...
This paper explores the determinants of pension funding in the public sector. We formulate and test ...
The average funding status for eleven southern state pension plans used by teachers as of 2005 is 86...
Thesis. 1979. Ph.D.--Massachusetts Institute of Technology. Dept. of Urban Studies and Planning.MICR...
K.K. Raman is an Associate Professor of Accounting at North Texas State University. Sharon H. Garris...
The financial community is well aware that continued underfunding of state and local government pens...
The recent debt crises in New York City and Cleveland, the deterioration of public infra-structures ...
This thesis focuses on developing an appropriate target for the funding level of public pension plan...
In recent years, both the business media and the popular press have emphasized the underfunding prob...
In the U.S., there are nearly 14 million state and local government workers and six million retirees...
States have not been required to include underfunded pension liabilities on their financial statemen...
Many studies have documented the pervasive underfunding of public sector pension plans in the United...
Public pension funds that cover retirement benefits for almost 20 million active or retired employee...
The public pension crisis has come under increasing scrutiny over the past decade as shifting demogr...
Most state and local retirement plans strive for full funding, at least by actuarial standards. Fund...
State and local government pension underfunding has become a major focus of public policy debate due...
This paper explores the determinants of pension funding in the public sector. We formulate and test ...
The average funding status for eleven southern state pension plans used by teachers as of 2005 is 86...
Thesis. 1979. Ph.D.--Massachusetts Institute of Technology. Dept. of Urban Studies and Planning.MICR...
K.K. Raman is an Associate Professor of Accounting at North Texas State University. Sharon H. Garris...
The financial community is well aware that continued underfunding of state and local government pens...
The recent debt crises in New York City and Cleveland, the deterioration of public infra-structures ...
This thesis focuses on developing an appropriate target for the funding level of public pension plan...
In recent years, both the business media and the popular press have emphasized the underfunding prob...
In the U.S., there are nearly 14 million state and local government workers and six million retirees...
States have not been required to include underfunded pension liabilities on their financial statemen...
Many studies have documented the pervasive underfunding of public sector pension plans in the United...
Public pension funds that cover retirement benefits for almost 20 million active or retired employee...
The public pension crisis has come under increasing scrutiny over the past decade as shifting demogr...
Most state and local retirement plans strive for full funding, at least by actuarial standards. Fund...