California dreaming
Subtitle: lessons on how to resolve America's public pension crisis
By: Lawrence J. McQuillan
Publisher: The Independent Institute
Published: 2015
Place of publication: Oakland, CA
Language: eng
Number of pages: 137
ISBN-13: 9781598131895; 9781598132434
Subjects: Officials and employees; Pensions; Government policy
Work titles: Healthcare solutions for post-Obamacare America
Notes: Includes bibliographical references and index.
Table of contents: title: The problems; title: How are defined-benefit pensions calculated?; title: How are pension funds amassed?; title: California's massive public pension unfunded liabilities; title: What are the major drivers of the pension problem?; title: Why did lawmakers allow this problem to worsen and why have they not solved it?; title: The immorality of California's public pension crisis; title: Why pay pensions at all?; title: The critical elements of a comprehensive solution; title: The fiscal advantages; title: The moral advantages.