What are the political reasons public pensions are underfunded?
The National Labor Relations Board consists of five members, who serve staggered terms and who are appointed by the president of the United States. How do you think the president’s political outlook plays into who is appointed to sit on the board? How might this impact the decisions made by the board from presidential term to term? Present your views in approximately 250 words in your initial discussion post. Respond to at least two of your peers’ posts. Utilize the course text, weekly lecture, and at least one other scholarly source. Remember to properly cite your sources.
Public Pensions and Employer/Labor Relations
After reading the Dorfman article, “Public Pensions are Still Marching to Their Death (Links to an external site.)”, respond to the following questions:
- What are the political reasons public pensions are underfunded?
- If the pension problem is political, what steps would have to occur to remedy the problem? Do you think such a remedy will ever take place?
- If you do not see a remedy for the situation, what do you predict will happen to public pensions in the future?