Issues facing state and local government pensions

In the U.S., there are nearly 14 million state and local government workers and six million retirees who are owed more than $2.3 trillion dollars in eventual pension payouts by more than 2,000 different governments. The author discusses the current condition of state and local pension plans, as well as the strategies that are being used to help meet pension obligations.

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Year of publication:	2007
Authors:	Mattoon, Richard H.
Published in:	Economic Perspectives. - Federal Reserve Bank of Chicago. - 2007, Q III, v. 31, no. 3, p. 2-32
Publisher:	Federal Reserve Bank of Chicago
Subject:	Pensions \| Retirement

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005373173