Tag: state and local pension funds
The brief’s key findings are: Oversight of state and local pension funds is vitally important to government officials, plan participants, and taxpayers. The effectiveness of pension boards depends on their structure, composition, size, and member tenure. Based on best practices for each factor, this analysis constructs a “Board Effectiveness Index” for 145 pension funds. T…
In the wake of the economic crisis, the health of state and local pension plans has emerged as a front burner policy issue. This book tells the big and complicated story of public plans, addresses current “hot button” issues, and highlights future challenges that all plans face. View the book summary. View myths and realities about…