Public Pensions and City Solvency
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 present...
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 present...