Preparing for the Worst: Options for Addressing Public Pension Plans in Deep Distress
Grant Year: 2018
Donald Boyd will lead an effort to develop policy approaches that state and local governments can adopt if they become unable to cope with the costs associated with public employee pension plans. He will convene a working group composed of economists, law professors, and retired public officials to identify policy options for a pension-driven fiscal crisis. He will also examine measures that can be taken to alter incentives so that governments can lessen the likelihood of such a crisis. The project’s findings will appear in a series of reports and briefings for policymakers.
Urban Institute Domestic Public Policy