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The Future of Public Employee Retirement Systems (Pension Research Council Series) by Gary Anderson, Olivia S. Mitchell is a nonfiction available to read on EtoBox.

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## Abstract People 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 labour force in the private sector. The debate challenges traditional ideas about how the public employee labour 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. This book explores 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. The discussion also explores ways that public pensions can be strengthened in the US, Japan, Canada, and Germany.

Who reads The Future of Public Employee Retirement Systems (Pension Research Council Series)?

Author

Gary Anderson, Olivia S. Mitchell

Publisher

Oxford University Press; Oxford University Press, USA

Published

2009

Language

EN

ISBN

9780191571053

Category

nonfiction

Subjects

Finance, Economics, Political Science