Read Global Pension Crisis: Unfunded Liabilities and How We Can Fill the Gap

Global Pension Crisis: Unfunded Liabilities and How We Can Fill the Gap

Richard A. Marin

4.9/5 (33223 ratings)

Description:Around the country, state and local fiscal pictures are starting to look better. Tax revenues rose in every state in 2011, and while states continue to have structural budget gaps to close, this year's gaps are a small fraction of the ones states were dealing with in 2009 and 2010. But one big problem continues to show little improvement-- unfunded pension liabilities.Measured on a market value basis, these unfunded liabilities (combined with those for retirees' health care) exceed $4 trillion, which is more than the total amount of bond debt outstanding from states and localities. And because of the way pension accounting works, most states and local governments can expect to see continued sharp rises in required payments into pension funds at least through 2014. While most parts of states' fiscal pictures are improving, this one continues to deteriorate. The book explains how this problem has developed and what must be done to strengthen pensions and avoid similar long-term problems in the future.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Global Pension Crisis: Unfunded Liabilities and How We Can Fill the Gap. To get started finding Global Pension Crisis: Unfunded Liabilities and How We Can Fill the Gap, you are right to find our website which has a comprehensive collection of manuals listed.
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ISBN: 1118582365

Description: Around the country, state and local fiscal pictures are starting to look better. Tax revenues rose in every state in 2011, and while states continue to have structural budget gaps to close, this year's gaps are a small fraction of the ones states were dealing with in 2009 and 2010. But one big problem continues to show little improvement-- unfunded pension liabilities.Measured on a market value basis, these unfunded liabilities (combined with those for retirees' health care) exceed $4 trillion, which is more than the total amount of bond debt outstanding from states and localities. And because of the way pension accounting works, most states and local governments can expect to see continued sharp rises in required payments into pension funds at least through 2014. While most parts of states' fiscal pictures are improving, this one continues to deteriorate. The book explains how this problem has developed and what must be done to strengthen pensions and avoid similar long-term problems in the future.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Global Pension Crisis: Unfunded Liabilities and How We Can Fill the Gap. To get started finding Global Pension Crisis: Unfunded Liabilities and How We Can Fill the Gap, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Global Pension Crisis: Unfunded Liabilities and How We Can Fill the Gap

Global Pension Crisis: Unfunded Liabilities and How We Can Fill the Gap

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