Pensions
- Blog Post
The Underfunding of State and Local Pension Plans
The recent financial crisis and economic recession have left many states and localities with extraordinary budgetary difficulties for the next few years, but structural shortfalls in their pension plans pose a problem that is likely to endure for much longer.The recent financial crisis and econom
- Report
The Underfunding of State and Local Pension Plans
CBO discusses two approaches to calculating the present value of a plans liabilities.
- Blog Post
Effects of financial market turmoil on pensions
I am testifying before the House Committee on Education on Labor this afternoon on the effects of recent financial market developments on pensions; click here for the testimony.
The key points of the testimony include:
- Report
A Review of the Pension Benefit Guaranty Corporation's New Investment Strategy
Letter to the Honorable George Miller
- Blog Post
Pension Benefit Guaranty Corporation
CBO issued a letter today reviewing a new investment policy recently adopted by the Pension Benefit Guaranty Corporation (PBGC).
- Working Paper
Health Insurance, Pensions, and Paid Leave: Access to Health Insurance at Small Firms in a Broader Benefit Context: Working Paper 2007-08
We show how employer size affects the provision of several components of compensation—health insurance, retirement plan, and paid vacation.
- Working Paper
Early Announcement of a Public Pension Reform in Italy: Working Paper 2006-01
There has been much discussion about the need for public pension reforms in most of the Organization for Economic Cooperation and Development (OECD) countries, but what is the macroeconomic impact of announcing reforms in advance?
- Report
Effect of H.R. 2830 on the Net Economic Costs of the Pension Benefit Guaranty Corporation
Letter to the Honorable Carolyn McCarthy
- Report
The Administration's pension reform proposal and H.R. 2830, the Pension Protection Act of 2005
Letter to the Honorable Michael B. Enzi
- Report
The effect on the 10-year net costs to the Pension Benefit Guaranty Corporation (PBGC) of enacting S. 1783, the Pension Security and Transparency Act of 2005
Letter to the Honorable Judd Gregg