Investment Practices of State and Local Pension Funds PDF Download

Author: Alicia Haydock Munnell
Publisher:
ISBN:
Category : Pension trusts
Languages : en
Pages : 64

View

Book Description

Author: John E. Petersen
Publisher:
ISBN:
Category : Pensions
Languages : en
Pages : 142

View

Book Description

Author: Barbara D. Bovbjerg
Publisher: DIANE Publishing
ISBN: 1437939961
Category : Reference
Languages : en
Pages : 48

View

Book Description
Recent market declines have significantly diminished the asset value of state and local pension plans (PP). Reported unfunded liabil. for these plans are estimated in the hundreds of billions of dollars. As a result, in the long term, these governments may need to make significant fiscal adjustments such as modifying employee benefits, or increasing contributions to plans. They may also alter invest. strategies to attempt to maximize returns by assuming increased risk. This report examined: (1) who makes invest. decisions for PP and what guides their decision making; (2) how PP allocate their assets and manage their invest.; and (3) practices that PP are using to meet a range of challenges in governance, invest., or funding. Illus. A print on demand report.

Author: Olivia S. Mitchell
Publisher: University of Pennsylvania Press
ISBN: 9780812235784
Category : Business & Economics
Languages : en
Pages : 692

View

Book Description
From the Pension Research Council of the Wharton School, this book explores the diversity of governmental pension plans and investigates how these financial institutions must change in years to come.

Author: U.s. Government Accountability Office
Publisher:
ISBN: 9781974557318
Category :
Languages : en
Pages : 48

View

Book Description
"Recent market declines have significantly diminished the asset value of state and local pension plans. Reported unfunded liabilities for these plans are estimated in the hundreds of billions of dollars. As a result, in the long term, these governments may need to make significant fiscal adjustments such as modifying employee benefits, or increasing contributions to plans. They may also alter investment strategies to attempt to maximize returns by assuming increased risk. Consequently, GAO was asked to examine: (1) who makes investment decisions for state and local defined benefit pension plans and what guides their decision making; (2) how plans allocate their assets and manage their investments; and (3) practices that plans are using to meet a range of challenges in governance, investment, or funding.To address these objectives, GAO reviewed relevant literature, interviewed experts in pension and retirement systems, conducted a survey of state and local plans, and performed more detailed reviews of plans in seven states. "

Author: John E. Petersen
Publisher:
ISBN:
Category : Local government
Languages : en
Pages : 118

View

Book Description

Author: Jun Peng
Publisher: CRC Press
ISBN: 0849305519
Category : Political Science
Languages : en
Pages : 286

View

Book Description
Intense media coverage of the public pension funding crisis continues to fuel heightened awareness in and debate over public pension benefits. With over $3 trillion in assets currently under management, the ramifications of poor oversight are severe. It is important that practitioners, researchers, and taxpayers be well-advised regarding any concer

Author: Ronald K. Snell
Publisher: National Conference of State Legislatures
ISBN:
Category : Business & Economics
Languages : en
Pages : 42

View

Book Description

Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781983713354
Category :
Languages : en
Pages : 48

View

Book Description
State and Local Government Pension Plans: Governance Practices and Long-term Investment Strategies Have Evolved Gradually as Plans Take On Increased Investment Risk

Author: Stuart A. Baldwin
Publisher: St Martins Press
ISBN: 9780312945602
Category :
Languages : en
Pages : 163

View

Book Description