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The Revenue Demands of Public Employee Pension Promises

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NBER2012-10-01 更新2025-01-04 收录
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We calculate increases in contributions required to achieve full funding of state and local pension systems in the U.S. over 30 years. Without policy changes, contributions would have to increase by 2.5 times, reaching 14.1% of the total own-revenue generated by state and local governments. This

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2012-10-01
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