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Are There Transition Costs to Closing a Public-Employee Retirement Plan?

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  • Biggs, Andrew

    (Mercury Publication)

Abstract

Defined-benefit pension plans for state and local government employees have imposed rising costs and financial risk on government budgets. In response, some policymakers have proposed shifting newly hired public employees into alternate retirement plans,

Suggested Citation

  • Biggs, Andrew, 2016. "Are There Transition Costs to Closing a Public-Employee Retirement Plan?," Annals of Computational Economics, George Mason University, Mercatus Center, August.
    • Handle: RePEc:ajw:journl:06907
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