Should Public Retirement Plans be Fully Funded?
    Published Date 
  
  
    Copyright 2011
  
   
    DOI 10.1017/S1474747211000096
  
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      Copy CitationHenning Bohn, The Economics of State and Local Pensions (Journal of Pension Economics and Finance 10 (2), 2010), https://www.nber.org/books-and-chapters/economics-state-and-local-pensions/should-public-retirement-plans-be-fully-funded.
 
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      Most state and local retirement plans strive for full funding, at least by actuarial standards. Funding measured at...