G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w21293
来源IDWorking Paper 21293
Illinois Pensions in a Fiscal Context: A (Basket) Case Study
Jeffrey R. Brown; Richard F. Dye
发表日期2015-06-22
出版年2015
语种英语
摘要Illinois’ public pensions are among the worst funded in the nation. We present evidence that the main reason for Illinois' underfunding is a history of making inadequate contributions, dating back to the origins of the state's pensions. We discuss the recent history and legal status of pension reform efforts in the state. Using a fiscal model of the state's finances, we project how Illinois' fiscal situation may evolve in the future. A key finding is that with or without pension reform, Illinois will continue to face significant structural deficits that will require revenue increases and/or additional spending cuts to address.
主题Public Economics ; Taxation ; Subnational Fiscal Issues
URLhttps://www.nber.org/papers/w21293
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578967
推荐引用方式
GB/T 7714
Jeffrey R. Brown,Richard F. Dye. Illinois Pensions in a Fiscal Context: A (Basket) Case Study. 2015.
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