A History of Public Sector Pensions in the United States

A History of Public Sector Pensions in the United States
Author: Robert Louis Clark
Publisher: University of Pennsylvania Press
Total Pages: 280
Release: 2003-05-12
Genre: History
ISBN: 9780812237146

From the Wharton School, offering a comprehensive assessment of the political and financial dimensions of public-sector pensions from the colonial period until the emergence of modern retirement plans in the twentieth century.

The Oxford Handbook of Pensions and Retirement Income

The Oxford Handbook of Pensions and Retirement Income
Author: Gordon L. Clark
Publisher: Oxford University Press, USA
Total Pages: 954
Release: 2006-07-20
Genre: Business & Economics
ISBN: 9780199272464

This handbook draws on research from a range of academic disciplines to reflect on the implications for provisions of pension and retirement income of demographic ageing. it reviews the latest research, policy related tools, analytical methods and techniques and major theoretical frameworks.

Financial Aspects of the United States Pension System

Financial Aspects of the United States Pension System
Author: Zvi Bodie
Publisher: University of Chicago Press
Total Pages: 466
Release: 2008-04-15
Genre: Business & Economics
ISBN: 0226062899

This book provides valuable information and analysis to managers, policymakers, and investment counselors in the rapidly expanding field of pension funding. American workers, too, need answers and insights on how to invest their money and plan for their retirement. fifteen of America's leading financial analysts address such pressing questions as -What is the current financial status of the elderly, and how vulnerable are they to inflation? -What is the impact of inflation on the private pension system, and what are the effects of alternative indexing schemes? -What roles can the social security system play in the provision of retirement income? -What is the effect of the tax code and the Employee Retirement Income Security Act of 1974 (ERISA) on corporate pension policy? -How well funded are corporate pension plans, and is a firm's unfunded pension liability fully reflected in the market value of its common stock? Many of the conclusions these experts reach contradict and challenge popular views, thus providing fertile ground for innovation in pension planning.

Failure Masquerading as Success

Failure Masquerading as Success
Author: Rudolph Cumberbatch
Publisher: AuthorHouse
Total Pages: 390
Release: 2008-12-04
Genre: Political Science
ISBN: 1452042470

President Lincoln in 1865 said: To care for him who shall have borne the battle and for his widow and his orphan. This quote was later adapted as the VAs motto. General Omar N Bradleys VA Mission Statement We are dealing with veterans, not procedures- with their problems, not ours has been quoted repeatedly during the seventy five years since. In 1982 President Reagan approved $55.6 million in financial aid toMeharryMedicalCollege. An acute care facility was established atMurfreesboroVAfor training Meharry students. Bob Stump [Rep, Arizona], the chairman of the House Committee on Veterans Affairs, recently heard that, in some VAs, incompetent managers are not fired on the spot, but instead, reassigned or transferred. The fix was the immediate removal of Konik as the failed director at theSalisburyVAand recycling him as our new director in the summer of 1996. . On Tuesday April 14th, 1998, an E-Mail was disseminated with following quotation: Weak leadership at the York VA Medical Center has prompted changes in the hospitals administration staff, with hospital Director Gene Konik reportedly asking for reassignment, VA officials said. Mr. Dandridge began to initiate his long-term plan for integratingMurfreesboroandNashvilleVA.One of his famous quotations was: Practice, practice makes perfect. Another of his public quotations was: Having theNashvilleVAsurgical residents perform the surgery would provide world-class surgery to the area veterans. . In the last five years, York has seen four different directors. Gordons office has been bombarded with complaints from ailing veterans and their families about lack luster care. Those whove died as a result of the administrative and service changes cant complain anymore. Current York VA Director David Pennington has never spoken to the press about anything, but did send a memo to the medical staff warning them to get online or get out! Our last crop of veterans is dying because of VA medical mismanagement, and our next batch is being loaded onto airplanes to fly back to an uncertain future. Mr. Sullivan, a gulf War I vet and VA project manager stated: This administration is so absolutely corrupt, incompetent and malevolent; it pales anything that came before it. Why is our economy tanking? The war, the war, the war.

Dismantling Solidarity

Dismantling Solidarity
Author: Michael A. McCarthy
Publisher: Cornell University Press
Total Pages: 169
Release: 2017-02-01
Genre: Political Science
ISBN: 1501708198

Why has old-age security become less solidaristic and increasingly tied to risky capitalist markets? Drawing on rich archival data that covers more than fifty years of American history, Michael A. McCarthy argues that the critical driver was policymakers' reactions to capitalist crises and their political imperative to promote capitalist growth.Pension development has followed three paths of marketization in America since the New Deal, each distinct but converging: occupational pension plans were adopted as an alternative to real increases in Social Security benefits after World War II, private pension assets were then financialized and invested into the stock market, and, since the 1970s, traditional pension plans have come to be replaced with riskier 401(k) retirement plans. Comparing each episode of change, Dismantling Solidarity mounts a forceful challenge to common understandings of America’s private pension system and offers an alternative political economy of the welfare state. McCarthy weaves together a theoretical framework that helps to explain pension marketization with structural mechanisms that push policymakers to intervene to promote capitalist growth and avoid capitalist crises and contingent historical factors that both drive them to intervene in the particular ways they do and shape how their interventions bear on welfare change. By emphasizing the capitalist context in which policymaking occurs, McCarthy turns our attention to the structural factors that drive policy change. Dismantling Solidarity is both theoretically and historically detailed and superbly argued, urging the reader to reconsider how capitalism itself constrains policymaking. It will be of interest to sociologists, political scientists, historians, and those curious about the relationship between capitalism and democracy.

Social Security Pensions

Social Security Pensions
Author: C. Gillion
Publisher: International Labor Office
Total Pages: 808
Release: 2000
Genre: Business & Economics
ISBN:

By providing a balanced assessment and factual review of the praticalities and structure behind various pension schemes around the world, this book assists decision-makers in forming effective, viable pension policy.

The Delaware Indians

The Delaware Indians
Author: Richard Calmit Adams
Publisher: Hope Farm Press & Bookshop
Total Pages: 86
Release: 1995
Genre: Social Science
ISBN:

Issues in Pension Economics

Issues in Pension Economics
Author: Zvi Bodie
Publisher: University of Chicago Press
Total Pages: 384
Release: 1987-03-01
Genre: Business & Economics
ISBN: 9780226062846

In the past several decades, pension plans have become one of the most significant institutional influences on labor and financial markets in the U.S. In an effort to understand the economic effects of this growth, the National Bureau of Economic Research embarked on a major research project in 1980. Issues in Pension Economics, the third in a series of four projected volumes to result from thsi study, covers a broad range of pension issues and utilizes new and richer data sources than have been previously available. The papers in this volume cover such issues as the interaction of pension-funding decisions and corporate finances; the role of pensions in providing adequate and secure retirement income, including the integration of pension plans with social security and significant drops in the U.S. saving rate; and the incentive effects of pension plans on labor market behavior and the implications of plans on labor market behavior and the implications of plans for different demographic groups. Issues in Pension Economics offers important empirical studies and makes valuable theoretical contributions to current thinking in an area that will most likely continue to be a source of controversy and debate for some time to come. The volume should prove useful to academics and policymakers, as well as to members of the business and labor communities.