"But the Pension Fund Was Just 'Sitting' There." The Politics of Teacher Retirement Plans. Working Paper 2009-04 / Frederick M. Hess and Juliet P. Squire.
The tension at the heart of pension politics is the incentive to satisfy today's claimants in the here-and-now at the expense of long-term concerns. Rules and auditing standards are intended to tame this kind of short-sighted behavior in the private sector. In the public sector, the primary saf...
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| Language: | English |
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Distributed by ERIC Clearinghouse,
2009.
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Internet
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ED509616
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| ED509616 | Available |