Texas public pensions: A common pool resource perspective (Record no. 529687)

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Personal name McCaskill, John Benavidez, Teodoro and Harrington, James
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Title Texas public pensions: A common pool resource perspective
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc American Review of Public Administration
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Extent 54(8), Nov, 2024: p.771-781
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Summary, etc Public employee pension management is the nexus of public and private financial management systems that are significant long-term components of public finance. The idea that these pension systems can look quite similar yet perform in quite different and conflicting ways is significant when designing policy; system design templates are not successful in complex systems. Even pension systems within the same city can have radically different states of actuarial health based upon small differences in the rules (or adherence to the rules) establishing them. To better understand such systems, viewing them from a common pool resource perspective is useful. Elinor Ostrom (1990), in her seminal book Governing the Commons, provides eight principles that facilitate governing common pool resources. The general theme running through Ostrom's principles is the need to facilitate the building and channeling of social capital. By facilitating constructive collective choice, the goal of effective, sustainable collective action is achievable. In this study, we examine the political, cultural, and institutional structures that are in place in the pension systems of Dallas and Houston, Texas. We examine the pensions’ governance practices to determine which appear to violate Ostrom's ideal institutional arrangements and their impact on the pensions’ long-term sustainability. Pertinent survey information from pension beneficiaries conducted as part of this research are provided. – Reproduced

https://journals.sagepub.com/doi/full/10.1177/02750740241273976
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Public finance, Public pensions, Common pool resources, Fiscal resiliency.
9 (RLIN) 52676
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Main entry heading American Review of Public Administration
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Item type Articles
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Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2025-05-05 54(8), Nov, 2024: p.771-781 AR135589 2025-05-05 Articles

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