State and Local Retirement Plans in the United States

Robert L. Clark, Lee Craig () and John Sabelhaus

in Books from Edward Elgar Publishing

Abstract: State and Local Retirement Plans in the United States explains how economic and political events have shaped the development of pension plans in the last century, and it argues that changes in the structure and generosity of these plans will continue to shape policy and funding in the future. It also brings to bear a new rationale to the policies behind public sector pension plans. The authors use the history of how early public pension plans were established, how they matured and how they have grown in generosity to analyse what changes may be expected in years to come. Unique in its scope, this comprehensive history of the development of public sector pension plans in the United States during the twentieth century expands upon current ideas relating to the changing economic environment, the passage and evolution of social security, and the expansion of the public sector.

Keywords: Economics and Finance; Social Policy and Sociology (search for similar items in EconPapers)
JEL-codes: H0 (search for similar items in EconPapers)
Date: 2011
ISBN: 9781848447554
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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