History of Public Pensions
From Wikipension
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Revision as of 08:09, 25 February 2011
Clark, Craig, and Wilson state:The federal government lagged behind the states, which in turn lagged behind a number of cities, in establishing pension plans for its workers. Decades before the states or the federal government provided civilian workers with a pension plan, several large American cities established plans for at least some of their employees. Until the first decades of the twentieth century, however, these plans were generally limited to three groups of employees: police officers, firefighters, and teachers. [1]
After World War I the first states began to offer pension plans to civilian state employees. In 1911, Massachusetts became the first state to offer a pension plan to general state employees [2]. It took some time however for pensions to become available in most states, with just six offering any form of a civil service pension plan as of 1929 [3].
Contents |
Chronological Highlights of State-Administered Retirement and Pension Systems
Florida
Idaho
History of Important Dates for PERSI
Missouri
- A Brief History of the Missouri Local Government Employees Retirement System
- The Public School Retirement System of Missouri: A chronological review of legislation and development, 1945 - 2008
- The Public Education Employee Retirement System of Missouri: A chronological review of legislation and development, 1945 - 2008