Articles liés à State And Local Pension Fund Management

State And Local Pension Fund Management - Couverture rigide

Livre 41 sur 117: Public Administration and Public Policy

Peng, Jun

 
9780849305481: State And Local Pension Fund Management
Couverture rigide
ISBN 10 : 0849305489 ISBN 13 : 9780849305481
Editeur : Auerbach, 2008

Synopsis

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 concerns, but until now traditional references have provided very little coverage.

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. He then proceeds to examinations of pension benefit design, actuarial valuation and funding methods, financial reporting, and pension asset investment management.

These technical discussions prepare readers for the second component, which is a focus on policy. The book delves into issues such as managing public pension programs in the political context of public budgeting, pension benefit reforms, and the fairness and sustainability of pension benefits in the public sector. In addition, the author dedicates a chapter to a detailed discussion of other postemployment benefits (OPEBs) such as life, disability, and long-term care insurance, as well as healthcare subsidies. The book concludes by exploring the dilemma over how to ensure financial security for public employees in their retirement without putting additional pressure on state and local government finance.

By understanding the major issues involved in managing retirement benefit programs in the public sector, readers will gain the knowledge needed to make informed decisions regarding specific fund management. They will also be better able to participate in the debate over the larger issues regarding pension fund policy and reform measures.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

Jun Peng (University of Arizona, Tucson, USA) (Author)

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Auerbach
Date d'édition
2008
Langue
anglais
ISBN 10 
0849305489
ISBN 13 
9780849305481
Reliure
Relié
Nombre de pages
286
Coordonnées du fabricant
non disponible
Personne responsable
non disponible