State and Local Pension Costs: Pre-Crisis, Post-Crisis, and Post-Reform

Alicia Munnell, Jean-Pierre Aubry, Anek Belbase and Joshua Hurwitz

State and Local Pension Plans Briefs from Center for Retirement Research

Abstract: States have begun to respond to their pension challenge by enacting a mix of revenue increases and benefit cuts. These changes will, over time, improve the financial outlook for plans and help ease their impact on other budget priorities. But, t o date, the specific nature and magnitude of these effects on plan finances and overall state budgets has received little attention. This brief reports on a study designed to fill the void with an analysis of pension costs before the financial crisis, a fter the financial crisis, and after reforms for a sample of 32 plans in 15 states. The study also introduces a companion series of fact sheets on each of the sample plans and states.

Pages: 12 pages
Date: 2013-03
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://crr.bc.edu/briefs/state-and-local-pension-c ... sis-and-post-reform/
Our link check indicates that this URL is bad, the error code is: 403 Forbidden (http://crr.bc.edu/briefs/state-and-local-pension-costs-pre-crisis-post-crisis-and-post-reform/ [301 Moved Permanently]--> https://crr.bc.edu/briefs/state-and-local-pension-costs-pre-crisis-post-crisis-and-post-reform/)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:crr:slpbrf:ibslp30

Access Statistics for this paper

More papers in State and Local Pension Plans Briefs from Center for Retirement Research Contact information at EDIRC.
Bibliographic data for series maintained by Amy Grzybowski () and Christopher F Baum ().