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California Dreaming
Lawrence J. McQuillan
€ 24.80
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Description for California Dreaming
Paperback. Explains how six reforms would solve California's pension problem in an equitable, responsible, and moral way: preserving pension benefits already earned, providing competitive pensions going forward, and granting the flexibility needed so that future generations are not paying for deals they did not make. Num Pages: 192 pages. BIC Classification: JKSB; JKSG. Category: (G) General (US: Trade). Dimension: 229 x 152 x 15. Weight in Grams: 272.
California's unfunded public pension liability, when measured correctly, is two to four times larger than official government estimates. In total, California's 86 defined-benefit public pension plans are underfunded by roughly $430 billion, representing California's greatest financial challenge since the Great Depression. The failure to fully fund the pension promises has allowed the current generation to receive public services that they are not fully paying for, pushing the pension problem onto future generations. California Dreamin': Resolving the Public Pension Crisis explains how six reforms would solve the state's pension problem in an equitable, responsible, and moral way: preserving pension benefits already ... Read more
California's unfunded public pension liability, when measured correctly, is two to four times larger than official government estimates. In total, California's 86 defined-benefit public pension plans are underfunded by roughly $430 billion, representing California's greatest financial challenge since the Great Depression. The failure to fully fund the pension promises has allowed the current generation to receive public services that they are not fully paying for, pushing the pension problem onto future generations. California Dreamin': Resolving the Public Pension Crisis explains how six reforms would solve the state's pension problem in an equitable, responsible, and moral way: preserving pension benefits already ... Read more
Product Details
Format
Paperback
Publication date
2015
Publisher
Independent Institute,U.S. United States
Number of pages
192
Condition
New
Number of Pages
192
Place of Publication
Oakland, United States
ISBN
9781598131895
SKU
V9781598131895
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-50
About Lawrence J. McQuillan
Lawrence J. McQuillan is a senior fellow and the director of the Center on Entrepreneurial Innovation at the Independent Institute. He is the author of several books, including A Brighter Future: Solutions to Policy Issues Affecting America's Children and Jackpot Justice: The True Cost of America's Tort System. His articles have appeared in numerous publications, including the Chicago Tribune, Encyclopaedia ... Read more
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