State and Local Retirement Plans in the United States
Edward Elgar Publishing Ltd (Verlag)
978-1-84844-755-4 (ISBN)
With the exception of military pension plans, which date from the eighteenth century, the first public sector plans, dating from the late nineteenth century, were established to cover teachers, police officers and firefighters in large cities. Over time, these retirement plans were extended to other public sector workers and the local plans were often merged with plans for state workers; all of these date from the twentieth century. Here, the authors show just how pension coverage for public sector workers expanded steadily, through the first half of the twentieth century, so that by the 1960s the vast majority of public sector workers were covered by a plan. This analysis demonstrates how economic events and shifts in public policy at the federal, state and local levels helped to shape public sector retirement plans. The authors also compare public plans with private sector plans, and the final chapter focuses on recent changes in public pensions in response to the `Great Recession', concurrent sharp declines in equity markets and the aging of the public workforce.
Scholars and students of economics, history and public policy, public administrators, policymakers and all those with an interest in policy development will find the analyses discussed and conclusions drawn here of significance.
Robert L. Clark, Professor of Economics and Professor of Management, Innovation and Entrepreneurship, North Carolina State University, US, Lee A. Craig, Alumni Distinguished Professor, Department of Economics, North Carolina State University, US and John Sabelhaus, formerly Federal Reserve Board, US
Contents: 1. Public Pension Plans in the Twentieth Century 2. Public Sector Pension Plans on the Eve of the Great Depression 3. State and Local Pension Plans During the Great Depression 4. State and Local Pension Plans and the Evolution of Social Security: 1940–1975 5. Pension Plans for Public School Teachers 6. Maturing State Pension Plans: 1975–2000 7. Maturing Local Pension Plans: 1975–2000 8. Comparing Trends in Public Pensions to Those in the Private Sector 9. Financial Status of Public Sector Retirement Plans 10. Public Pensions in the Twenty-first Century References Index
Erscheint lt. Verlag | 31.3.2011 |
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Verlagsort | Cheltenham |
Sprache | englisch |
Maße | 156 x 234 mm |
Themenwelt | Studium ► 1. Studienabschnitt (Vorklinik) ► Histologie / Embryologie |
Sozialwissenschaften ► Pädagogik ► Sozialpädagogik | |
Sozialwissenschaften ► Soziologie | |
Wirtschaft | |
ISBN-10 | 1-84844-755-8 / 1848447558 |
ISBN-13 | 978-1-84844-755-4 / 9781848447554 |
Zustand | Neuware |
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