A History of Public Sector Pensions in the United StatesUniversity of Pennsylvania Press, 12/05/2003 - 259 páginas Understanding the historical development of pensions is critical to the future of retirement systems around the world. A History of Public Sector Pensions in the United States offers a comprehensive assessment of the political and financial dimensions of public sector pensions from the colonial period until the emergence of modern retirement plans in the twentieth century. The authors emphasize how retirement plans can help achieve human resource objectives, how public sector pension policy has sometimes been influenced by other government objectives, and how early pension plans were funded. |
Índice
The Evolution of Public Pensions | 1 |
Pension Economics | 11 |
The Origins of Western Military Pensions | 24 |
Establishing the US Navy Pension Plan | 43 |
Management of the US Navy Pension Fund | 63 |
Financial Markets and the Management of the Navy Pension Portfolio | 92 |
The Civil War and the Revival of the Navy Pension Fund | 109 |
The Development of the US Army Pension Plan | 122 |
The Birth of the Federal Employees Pension Plan | 154 |
Early Pension Plans for State and Local Workers | 167 |
Lessons from the Early Development of Public Pensions | 218 |
Historical Price and Wage Indices | 224 |
References | 239 |
249 | |