Public pensions and city solvency

By Susan M. Wachter

Subjects: Officials and employees, Municipal government, Finance, public, united states, Pensions, Municipal officials and employees, Municipal finance

Description: "Underfunded pension liabilities threaten the fiscal stability of many cities. While Detroit's bankruptcy has dominated the headlines, the problem is widespread. With ongoing battles in many localities, policymakers are increasingly turning their attention to the legacy issues surrounding the funding of pensions. Public Pensions and City Solvency addresses this complex fiscal challenge and presents strategies to achieve financial sustainability."--Publisher's website.