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Challenges in Pension Governance

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ISBN-10: 3838305817

ISBN-13: 9783838305813

Edition: N/A

Authors: Kate McGovern

List price: $85.00
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As the scope of the current financial crisis dwarfs the recession of 1991, public retirement systems face momentous pressures. In a number of cases, the roots of these funding problems can be traced to actions taken during the recession 18 years earlier. This study of the New Hampshire Retirement System chronicles a series of events in 1991-92 which led to a $2.4 billion unfunded liability by 2007. The study depicts trustees, legislators and stakeholders in crisis. Transcripts and interviews give readers an inside view of a struggle to adhere to fiduciary duty in the face of relentless political pressure. Events in New Hampshire during the recession of 1991 were not unique; researchers…    
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Book details

List price: $85.00
Publisher: Lambert Academic Publishing
Binding: Paperback
Pages: 148
Size: 6.00" wide x 9.00" long x 0.34" tall
Weight: 0.506
Language: English