Living with Defined Contribution Pensions - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Living with Defined Contribution Pensions write by Olivia S. Mitchell. This book was released on 1998-05-29. Living with Defined Contribution Pensions available in PDF, EPUB and Kindle. Table of Contents
Living with Defined Contribution Pensions
Living with Defined Contribution Pensions - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Living with Defined Contribution Pensions write by Olivia S. Mitchell. This book was released on 1998. Living with Defined Contribution Pensions available in PDF, EPUB and Kindle.
Pensions in the U.S. Economy
Pensions in the U.S. Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Pensions in the U.S. Economy write by Zvi Bodie. This book was released on 2008-04-15. Pensions in the U.S. Economy available in PDF, EPUB and Kindle. Pensions in the U.S. Economy is the fourth in a series on pensions from the National Bureau of Economic Research. For both economists and policymakers, this volume makes a valuable contribution to current research on pensions and the economics of the elderly. The contributors report on retirement saving of individuals and the saving that results from corporate funding of pension plans, and they examine particular aspects of the plans themselves from the employee's point of view. Steven F. Venti and David A. Wise offer a careful analysis of who contributes to IRAs and why. Benjamin M. Friedman and Mark Warshawsky look at the reasons more retirement saving is not used to purchase annuities. Personal saving through pension contribution is discussed by B. Douglas Bernheim and John B. Shoven in the context of recent government and corporate pension funding changes. Michael J. Boskin and John B. Shoven analyze indicators of the economic well-being of the elderly, addressing the problem of why a large fraction of the elderly remain poor despite a general improvement in the economic status of the group as a whole. The relative merits of defined contribution versus defined benefit plans, with emphasis on the risk aspects of the two types of plans for the individual, are examined by Zvi Bodie, Alan J. Marcus, and Robert C. Merton. In the final paper, pension plans and worker turnover are the focus of the discussion by Edward P. Lazear and Robert L. Moore, who propose pension option value rather than the commonly used accrued pension wealth as a measure of pension value.
A Predictable, Secure Pension for Life
A Predictable, Secure Pension for Life - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Predictable, Secure Pension for Life write by . This book was released on 2000. A Predictable, Secure Pension for Life available in PDF, EPUB and Kindle.
New Policies for Mandatory Defined Contribution Pensions
New Policies for Mandatory Defined Contribution Pensions - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook New Policies for Mandatory Defined Contribution Pensions write by Gregorio Impavido. This book was released on 2010-06-04. New Policies for Mandatory Defined Contribution Pensions available in PDF, EPUB and Kindle. Mandatory defined contribution pension markets are present in a growing number of countries around the world. But despite their popularity, policymakers continue to struggle with two key policy concerns. On the one hand, a number of design shortcomings encourages pension firms to charge high administrative fees. On the other hand, the global crisis that started in 2007 has reignited the debate on whether pension participants bear excessive investment risk. Both are valid policy concerns as their incidence can imply higher than expected levels of poverty among old age individuals. Both concerns have the same root problem---the limited capacity of individuals to choose what is best for them. This, in turn, stems from a combination of inadequate financial education, bounded rationality and the use of simplistic 'rules of thumb' that produce systematic biases in the decision making process of individuals. While improving financial education is an obvious avenue to pursue, this book is more concerned with design features that can exploit these systematic biases to protect consumers from themselves. 'New Policies for Mandatory Defined Contribution Pensions: Industrial Organization Models and Investment Products' (i) discusses the main implications for the functioning of mandatory defined contribution pensions of consumers inability to make rational choices; (ii) describes how jurisdictions have tried to address these problems through ad hoc policy interventions; and (iii) proposes new policy directions in the areas of industrial organization models and investment products to address these concerns more effectively. Written for practitioners and researchers around the world, this book provides access to new thinking on mandatory defined contribution pension systems and it makes an important contribution to the on-going policy debate on how to best structure mandatory defined contribution pillars.
