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Searching for: researcher is "stanford institute for economic policy research"

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Going For Broke: Reforming California's Public Employee Pension
Going For Broke: Reforming California's Public Employee Pension
Stanford Institute for Economic Policy Research
2 Apr 2010 United States Surpluses and Deficits, Investment - Performance, Countries - US
CalPERS, CalSTRS, and UCRS together administer the pensions of approximately 2.6 million Californians. Between June 2008 and June 2009, these three public pension funds lost a combined $109.7bn in portfolio value. The ability of these three funds to meet their future obligations has significant implications for the fiscal health of the state and public employers, the effective underwriters of many public pensions. This policy brief assesses the current funding shortfall of CalPERS, CalSTRS, and UCRS and asks what policies would prevent a similar shortfall in the future.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Apr 2010 or click here (this link will not work in all circumstances). For further information about Perspective click here.

C15344DD   Click here to contact the authors.
 

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