Retirement

The Burden of Public Pension Promises on State and Local Budgets

By and ·December 19, 2018
Brandeis University and Stanford University

The Issue:

Unfunded pension liabilities represent a significant challenge to the finances of many state and local governments. While no analysts dispute the general statement that pensions are underfunded in aggregate, there has been some discussion about how to estimate the magnitude of the gap. Moreover, however ...
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Many American Households Are Still Struggling to Build Wealth

By ·October 7, 2017
Harvard University

The Issue:

Although trends in income bear heavily on economic security at the household level, they are not the whole story. One also needs to look at patterns of wealth holding to fully assess the economic risks facing households. The latest data on wealth show broad-based positive gains for American households ...
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Social Security Benefits: When Do You Plan to Retire?

By ·February 9, 2017
University of California, Berkeley

The Issue:

Social Security provides retirement benefits to over 40 million people each year. Current projections indicate that the program faces a long-term financing shortfall, and many Americans wonder whether the program will survive to pay them the benefits they have earned. President Trump pledged repeatedly ...
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