This digital document is an article from Government Finance Review, published by Government Finance Officers Association on April 1, 1994. The length of the article is 2469 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: State and local governments that intend to reduce their pension fund obligations are issuing taxable bonds to refinance unfunded pension liability. Before undertaking any form of long-term debt commitment, however, governments are advised to consider the various trade-offs normally associated with pension liability management. Two case studies on how the municipal governments of Sonoma County, CA, and Columbus, OH, introduced taxable bonds to restructure their unfunded pension liability are presented.

Citation Details
Title: Pension obligation bonds: benefits and risks.
Author: Patricia Tigue
Publication:Government Finance Review (Magazine/Journal)
Date: April 1, 1994
Publisher: Government Finance Officers Association
Volume: v10 Issue: n2 Page: p30(3)

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