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- Title
Public Pension Plans.
- Authors
Wood, James O.
- Abstract
The year 2000 and after will pose many challenges for both corporate and public pension plans. This article discusses the necessity for public pension plans to adopt a central body of laws or state level constitutional amendments, establishing basic legal parameters for plan administration to prevent state legislative raids of pension funds. The author suggests a U.S. federal government ERISA type of protection for public pension funds, including a comparison of the present ERISA provisions with the needs of the public sector.
- Subjects
UNITED States; PENSIONS; RETIREMENT income; RETIREMENT benefits; PENSION plan funding; FINANCIAL planning; DEFINED benefit pension plans
- Publication
Benefits Quarterly, 1996, Vol 12, Issue 3, p69
- ISSN
8756-1263
- Publication type
Article