Trade Union Pension Systems and ... Benefits in the United States and Canada
Author: Murray Webb Latimer
Publisher:
Published: 1932
Total Pages: 205
ISBN-13:
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Author: Murray Webb Latimer
Publisher:
Published: 1932
Total Pages: 205
ISBN-13:
DOWNLOAD EBOOKAuthor: Murray Webb Latimer
Publisher:
Published: 1932
Total Pages: 232
ISBN-13:
DOWNLOAD EBOOKAuthor: Murray Webb Latimer
Publisher:
Published: 1929
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Gary Anderson
Publisher: OUP Oxford
Published: 2009-08-13
Total Pages: 366
ISBN-13: 0191610259
DOWNLOAD EBOOKPeople covered by public pensions are often the subject of 'pension envy:' that is, their benefits might seem more generous and their contributions lower than those offered by the private sector. Yet this book points out that such judgments are often inaccurate, since civil servants hold jobs with few counterparts in private industry, such as firefighters, police, judges, and teachers. Often these are riskier, dirtier, and demand more loyalty and discretion than would be required of a more mobile labor force in the private sector. The debate challenges traditional ideas about how the public employee labor contract is structured and raises questions about how such employees are attracted to the public sector, retained and motivated on the job, and retired, via an entire compensation package of wages and benefits. Authors explore aspects of these schemes, addressing the cost and valuation debate, along with the political economy of how public pension asset pools are perceived and managed, an increasingly important topic in times of global financial turmoil. The discussion also explores ways that public pensions can be strengthened in the US, Japan, Canada, and Germany. The volume captures a vigorous debate currently underway by academics, financial experts, regulators, and plan sponsors, all seeking to define a new future for public retirement systems. It will be of substantial interest to a wide range of readers, since public sector employees and their representatives will naturally find the comparisons and arguments over valuation of keen interest. Public pension administrators and policymakers seeking an explanation of what makes these plans so costly will gain a new understanding of how the arguments stack up. Private sector employers and plan sponsors can learn much from efforts to reform these retirement systems in states and countries around the world. Finally, investors and the taxpaying public more generally may be at risk to cover these long-term promises, so it behoves them to pay close attention to the financing and investment practices of these plans, along with their valuation. This volume represents an invaluable addition to the Pension Research Council / Oxford University Press series as it includes actuarial, economic, and financial perspectives making it useful for academics, retirement plan administrators, and public employees wishing to understand the challenges facing public pensions.
Author: United States. Railroad Retirement Board
Publisher:
Published: 1951
Total Pages: 60
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. General Accounting Office
Publisher:
Published: 1978
Total Pages: 48
ISBN-13:
DOWNLOAD EBOOKAuthor: Industrial Relations Counselors, inc
Publisher:
Published: 1929
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKAuthor: National Industrial Conference Board
Publisher: New York : National Industrial Conference Board
Published: 1925
Total Pages: 184
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 1968
Total Pages: 1558
ISBN-13:
DOWNLOAD EBOOKAuthor: Bill Tufts
Publisher: John Wiley & Sons
Published: 2011-01-25
Total Pages: 231
ISBN-13: 1118098730
DOWNLOAD EBOOKThe vast majority of Canadians are blissfully unaware that every man, woman and child in Canada now owes a $35,000 share of government debt and must pay this back, with interest! Make no mistake, this debt will change our country and affect every single Canadian in the decades to come. You may think you have planned for your retirement and are safe, but the government must find a way to recover this borrowed money, and they can only do that by raising your taxes and reducing your hard-earned benefits. How did this debt come about, and why can't we simply pay it off? Pension Ponzi lays the blame squarely at the feet of the politicians who refused to stand up to Canada's public sector unions. The fact is Canada's public sector, which accounts for 20% of the workforce, has been grossly overpaid relative to their counterparts in the private sector with cushy pensions paid for with your taxes and new debt. There is no denying that the country does not have the financial resources to ensure that the next generation of Canadians will have the same standard of living as the ones before it-or to support our growing seniors population. Meeting our public sector pension obligations will break the current social safety net that is a pillar of the Canadian way. Can you escape this bleak future? Can you afford to live longer? Nationally-recognized pension expert Bill Tufts and award-winning journalist Lee Fairbanks explore how this catastrophe came about and then suggest ways that government can fix what's broken, and how you as an individual can protect yourself from the financial calamity that is about to engulf Canada.