Pensions in the Public Sector - 9780812235784

Pensions in the Public SectorAuthor(s): Olivia S. Mitchell, Edwin C. Hustead\nFormat: Hardback\nPublisher: University of Pennsylvania Press, United States\nImprint: University of Pennsylvania Press\nISBN-13: 9780812235784, 978-0812235784\nSynopsis\nSome 13 million public-sector workers in the United States-including teachers, police and firefighters, state and municipal employees, judges, and legislators-and another six million federal and military employees participate in government pension plans. These pension systems are extraordinarily diverse in design, investment policy, and governance, and they face substantial challenges as the government-sector workforce ages and governments are asked to take on new and different tasks.\n Public employee pensions are in deep trouble in many countries, undermining economic policy and threatening retiree well being. What can be done to help these programs perform more efficiently and enhance old-age security? From the Pension Research Council .