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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21293 |
来源ID | Working 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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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