When the City Goes Broke: Pensions, Retirees, and Municipal Bankruptcies
Description:
This report first explains how, under current bankruptcy law, Chapter 9 (municipalities) debtors have significant freedom to modify their outstanding pension obligations through the bankruptcy process. The report then explores proposals to alter the legal principles governing the adjustment of municipal pensions in bankruptcy.
Date:
April 10, 2018
Creator:
Lewis, Kevin M.
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department