Pension Wise: Confronting Employer Pension Underfunding?And Sparing Taxpayers the Next Bailout
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Bibliographische Detailangaben
1. Verfasser: Blahous, Charles (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Hoover Institution Press 2010
Schriftenreihe:Hoover Institution Press publication 597
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Online-Zugang:Volltext
Beschreibung:Charles Blahous, one of the nation's foremost retirement security experts, explains the origins and dangers of current underfunding in our single-employer defined-benefit pension system and outlines the options for solving the problem and preventing the next taxpayer-financed bailout. He provides a tutorial on the basic workings of pension law, reviews the recent history that led to the worsening condition of the pension insurance system, and suggests a range of reforms to improve the system's operation and to resolve the projected shortfall
Includes bibliographical references and index
The nature of single-employer defined-benefit pensions -- The nation's pension insurance system : the condition of the PBGC -- The magnitude of pension underfunding nationwide -- Technical reasons for pension underfunding -- Pension plan assets -- Pension plan liabilities -- Addressing underfunding : statutory contribution requirements -- Other funding safeguards established by the PPA -- Premiums -- Recent developments : legislation and the financial markets' plunge -- Additional reasons for underfunding : structural issues facing the PBGC -- Political economy factors -- Pension funding policy principles : separating measurement accuracy from value judgments -- Can the hole be filled? : separating fairness from risk issues -- Going forward : general principles for pension insurance system reform -- Conclusions and recommendations
Beschreibung:1 Online-Ressource
ISBN:1306204283
9781306204286
9780817912161
0817912169
9780817912147
0817912142

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