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The consolidation of state-administered public pension systems in U.S. states

Bibliographic Data

ID20201614
AuthorsDavid S T Matkin (0000-0001-6714-2642, Albany State University), Gang Chen (0000-0002-8385-5965, Albany State University)
Year2015
Volume27
Issue4
Pages455-481
Publication date2015-03-01
Open AccessYes
TypeARTICLE
VenueJournal of Public Budgeting Accounting & Financial Management (JOURNAL)
Journal identifiersISSN: 1096-3367 • E-ISSN: 1945-1814
PublisherEmerald (PUBLISHER)
DOI10.1108/jpbafm-27-04-2015-b002
OpenAlexW2773085554
LanguageEN
Citations received1
References cited15

There is significant variation in the way state-administered pension systems are structured in the United States. Some states, for example, consolidate their pension activity into a few larger systems while others sponsor several smaller ones. In this paper we (1) identify arguments in favor of and against system consolidation, (2) measure levels of consolidation in state-administered pension systems, and (3) use logistic regression to examine whether levels of consolidation are associated with indicators of the financial health of state pensions. Our results provide preliminary support for claims that the size and concentration of pension activity are positively associated with measures of the financial health of state pensions

Actuarial science · Business · Economic growth · Economics · Health care · Healthcare system · Logistic regression · Pension · Pension system · Public economics · Financial Literacy, Pension, Retirement Analysis · Housing Market and Economics · Medicine · Retirement, Disability, and Employment · Accounting · Finance

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Citations per year0.25
Citation span2022 - 2022 (1)
Highly citedNo

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