There is a large professional literature on the correct measurement of the funded status of and indicated employer contributions to government employee pension plans. But static measures do not provide a quantification of the risk that plans could represent in the future in various possible...

Chapter 1 An Overview of the Pension System in Malaysia -- Chapter 2 Determinants of Pension Cost -- Chapter 3 Asset Allocation and Performance -- Chapter 4 Can Future Pension Assets Meet Their Future Liabilities? -- Chapter 5 Is the Defined Benefit Pension Fund Sustainable in the Long Run? --...

This paper examines the role and function of pension plans covering state and local government employees in the United States. Covering about 16 million employees (including teachers, fire fighters, police, members of the judiciary, and many other state and local employees), these plans manage a...