This paper calculates the effect that introducing risk-sharing during either retirement or the working life would have on public sector pension liabilities. We begin by considering the introduction of a variable annuity for the retirement phase, modeled on the Wisconsin Retirement System, in...

There has been some shock that non-government employees can participate in public pensions designed for government employees. While most of the press has been on union related officials and government association lobbyists in plans, in Kentucky the practice is much deeper and pervasive. Since...

We examine whether unfunded public pension liabilities are associated with citizen oversight through legislative and electoral means in local governments. Our focus on municipal pension plans is timely and relevant, given the prevalence of underfunded pension plans and GASB's recently issued...

The Varieties of Pension Governance Pension Privatization in Europe Edited by Bernhard Ebbinghaus OXFORD UNIVERSITY PRESS Contents List of Figures xi ListofTables " - -- xiii List of...