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The Future of Pensions in the United States (Pension Research Council Publications)
 
 
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The Future of Pensions in the United States (Pension Research Council Publications) [Hardcover]

Raymond Schmitt (Editor)

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Book Description

Pension Research Council Publications January 1, 1994

Demographic changes, combined with emerging structural shifts in the economy, have prompted concern about the capacity of the United States to provide retirement income and medical care to the growing number of elderly individuals. Further, some policymakers are demanding cutbacks in the preferential treatment accorded pension plans.

If future economic growth rates do not match those of the recent past, the elderly may have to choose whether to retire with a lower standard of living or to work longer. The Future of Pensions in the United States addresses interactions between the changing demographic and economic environment, and federal fiscal and regulatory stakes in employer-sponsored retirement income arrangements.


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Edited by Raymond Schmitt

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Inside This Book (learn more)
First Sentence:
Evaluating the success and failure of our retirement income system is daunting both because of the presence of complex technical issues and because personal value judgments must invariably be involved. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
pension participation rates, retirement income adequacy, one defined benefit plan, primary defined benefit plans, exposure liabilities costs, pension recipiency, nonmarried men, inflationary returns, plan participation rates, tax expenditure estimates, preretirement living standards, retirement income security system, expected future claims, defined benefit form, having defined benefit plans, flat benefit plans, total pension liabilities, retirement income policy, costs liability costs, nonmarried persons, nonmarried women, undesirable redistribution, fund net worth, pension environment, pension plan design
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Government Printing Office, Department of Labor, Pension Benefit Guaranty Corporation, Monte Carlo, Zvi Bodie, New York, Pension Research Council, Treasury Department, University of Chicago Press, Current Population Survey, President's Commission, Terminated Closure, University of Pennsylvania Press, American Enterprise Institute, Huggins Company, Industrial Relations, Journal of Finance, Limitations of Data, The Wyatt Company, Bureau of the Census, Changing Regulatory Environment, Dow Jones-Irwin, Journal of Money, Pension Protection Act
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