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"Underfunded pension liabilities threaten the fiscal stability of many cities. While Detroit's bankruptcy has dominated the headlines, the problem is widespread. With ongoing battles in many localities, policymakers are increasingly turning their attention to the legacy issues surrounding the funding of pensions. Public Pensions and City Solvency addresses this complex fiscal challenge and presents strategies to achieve financial sustainability."--Publisher's website.
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Public Pensions and City Solvency
2015, University of Pennsylvania Press
in English
0812292871 9780812292879
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Book Details
Table of Contents
Preface -- Susan M. Wachter
Foreword -- Richard Ravitch
Why city pension problems have not improved, and a roadmap forward -- Joshua D. Rauh
The law and politics of municipal pensions -- Amy B. Monahan
Erosion of the foundation of municipal finance -- D. Roderick Kiewiet and Mathew D. McCubbins
Conclusion: a call for transparency -- Robert Inman and Susan M. Wachter.
Edition Notes
Includes bibliographical references (pages 101-105).
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