California Dreaming: Lessons on How to Resolve America's Public Pension Crisis
California's unfunded public pension liability, when measured correctly, is two to four times larger than official government estimates. The failure to fully fund the pension promises has allowed the current generation to receive public services that they are not fully paying for, pushing the pension problem onto future generations. California Dreaming explains how six reforms would solve the state's pension problem in an equitable, responsible, and moral way: preserving pension benefits already earned, providing competitive pensions going forward, and granting the flexibility needed so that future generations are not paying for deals they did not make.
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California Dreaming: Lessons on How to Resolve America's Public Pension Crisis
California's unfunded public pension liability, when measured correctly, is two to four times larger than official government estimates. The failure to fully fund the pension promises has allowed the current generation to receive public services that they are not fully paying for, pushing the pension problem onto future generations. California Dreaming explains how six reforms would solve the state's pension problem in an equitable, responsible, and moral way: preserving pension benefits already earned, providing competitive pensions going forward, and granting the flexibility needed so that future generations are not paying for deals they did not make.
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California Dreaming: Lessons on How to Resolve America's Public Pension Crisis

California Dreaming: Lessons on How to Resolve America's Public Pension Crisis

by Lawrence J. McQuillan
California Dreaming: Lessons on How to Resolve America's Public Pension Crisis

California Dreaming: Lessons on How to Resolve America's Public Pension Crisis

by Lawrence J. McQuillan

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Overview

California's unfunded public pension liability, when measured correctly, is two to four times larger than official government estimates. The failure to fully fund the pension promises has allowed the current generation to receive public services that they are not fully paying for, pushing the pension problem onto future generations. California Dreaming explains how six reforms would solve the state's pension problem in an equitable, responsible, and moral way: preserving pension benefits already earned, providing competitive pensions going forward, and granting the flexibility needed so that future generations are not paying for deals they did not make.

Product Details

ISBN-13: 9781598131901
Publisher: Independent Institute, The
Publication date: 05/29/2015
Sold by: Barnes & Noble
Format: eBook
Pages: 160
File size: 2 MB
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