Скачать или смотреть Understanding public pension plans

Public pension plans provide essential retirement benefits to state and local government employees. Governments allocate a significant portion of their budgets to these plans, yet pension liabilities continue to grow. How can public pension plans address these challenges while fulfilling promised benefits to employees and maintaining fiscal sustainability within government budgets?

In this Lunch and Learn session, Associate Professor Gang Chen offers a brief overview of public pension plan management and engage the audience in a discussion on public pension funding issues and potential reforms, using the New York State & Local Retirement System as an example. The session also highlights insights from his new book, "Managing Public Pension Plans: Decisions, Challenges, and Reforms."