|Statement||Olivia S. Mitchell, Roderick Carr.|
|Series||NBER working paper series -- working paper no. 5271, Working paper series (National Bureau of Economic Research) -- working paper no. 5271.|
|Contributions||Carr, Roderick., National Bureau of Economic Research.|
|The Physical Object|
|Pagination||26 p. ;|
|Number of Pages||26|
State and Local Pension Fund Management provides a basic and systematic discussion of all the major issues facing those responsible for state and local public retirement programs. The author begins with a technical overview that examines the history of the public pension system.5/5(1). Additional Physical Format: Online version: Jump, Bernard. State and local employee pension plans. Columbus, Ohio: Academy for Contemporary Problems, Book: Retirement Benefits for State and Local Employees: Designing Pension Plans for the Twenty-First Century editors: Robert Clark, Joshua Rauh & Mark Duggan PUBLISHER: Elsevier, Journal of Public Economics, vol. Synopsis. Governmental Plans Answer Book, Fourth Edition, provides in-depth coverage of these complex plans, which must satisfy federal laws as well as pension, investment, and other laws of the applicable state or local is the one resource that takes you step by step through all the aspects of plan administration and compliance in this demanding practice area.
State and Local Pension Plans Olivia S. Mitchell, Roderick Carr. NBER Working Paper No. Issued in September NBER Program(s):Economics of Aging, Labor Studies This paper examines the role and function of pension plans covering state and local government employees in the United States. State-by-State Pension Plan Information. Did you know there are more t people who have not claimed pension benefits they are owed? Those unclaimed pensions total over $ million dollars, with individual benefits ranging from twelve cents to almost a million dollars. Every year, we publish data showing the states with the highest. State & Local Pension Plans The Center for Retirement Research at Boston College has undertaken a comprehensive initiative on state and local government retirement plans. Under this initiative, the Center produces new Issues in Brief, fact sheets, and data that describe and analyze key trends in the state-local pension universe, including plan. The Survey of Public Pensions: State- and Locally-Administered Defined Benefit Data provides revenues, expenditures, financial assets, and membership information for the defined benefit public pensions. Data are shown for individual pension funds and.
The table shows state-level detail on pension assets, liabilities and several measures of funding status. The interactive visualizations allow users to explore state-level differences in the assets, liabilities, and funding levels of state and local government pension plans, as well as how these measures have changed in recent years. This paper examines the role and function of pension plans covering state and local government employees in the United States. Covering about 16 million employees (including teachers, fire fighters, police, members of the judiciary, and many other state and local employees), these plans manage a substantial stock of financial assets -- close to $1 trillion -- and receive annual contributions. State and Local Government Pensions. State and Local Backgrounders Homepage. Most state and local government employees (83 percent of those working full time) participated in a defined benefit (DB) pension plan in , and nearly all (94 percent) had access to such public pension plans typically provide pensions based on members’ years of service and average salary over a. State and local employee pension plans, which are primarily defined benefit plans, are now under greatly increased scrutiny. Plan funding conditions have worsened over the past number of years.