Pension Underfunding and Liberal Retirement Benefits Among State and Local Government Workers

Richard W. Johnson

National Tax Journal, 1997, vol. 50, issue 1, 113-42

Abstract: Finds evidence that the relative generosity of pensions among state and local government workers is related to the ability to underfund public employee retirement plans. Shows a strong, positive relationship among underfunding levels, individual pension wealth, and taxpayer mobility.

Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:ntj:journl:v:50:y:1997:i:1:p:113-42

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