Money and Banking

07Sep 2021 by

1.  Explain the difference between defined-benefit retirement plans and defined-contribution retirement plans.  Which approach is better? Why?

2. In a comprehensive fashion, present the various components of the State of Mississippis Public Retirement System, or your home states Public Retirement System.  Explain the extent of its coverage and its membership.  Explain how it is financed, how it pays benefits to its members.  Discuss its solvency.  Provide your recommendations for long-term sustainability.

3.  In a comprehensive fashion, present the various components of the National Social Security Program.  Explain the extent of its coverage and its membership.  Explain how it is financed, how it pays benefits to its members.  Discuss its solvency.  Provide your recommendations for long-term sustainability.

4.  In a comprehensive fashion, present the various components of the private sectors Retirement or Pension Programs.   Explain the extent of their coverage and their membership.  Explain how they are financed, how they pay benefits to their members.  Discuss their solvency.  Provide your recommendations for long-term sustainability.

5.  If you were an advisor to the President what would be your recommendations for the long-term solvency and sustainability of the Social Security Program?  

6.  If you were an advisor to the Governor of Mississippi (or the Governor of your state), what would be your recommendations for the long-term solvency and sustainability of the states Public Employees Retirement System (PERS)?  

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