The Impact of Longevity Improvements on U.S. Corporate Defined Benefit Pension Plans

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Release : 2012-06-01
Genre : Business & Economics
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Book Rating : 183/5 ( reviews)

The Impact of Longevity Improvements on U.S. Corporate Defined Benefit Pension Plans - 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 The Impact of Longevity Improvements on U.S. Corporate Defined Benefit Pension Plans write by Mr.John Kiff. This book was released on 2012-06-01. The Impact of Longevity Improvements on U.S. Corporate Defined Benefit Pension Plans available in PDF, EPUB and Kindle. This paper provides the first empirical assessment of the impact of life expectancy assumptions on the liabilities of private U.S. defined benefit (DB) pension plans. Using detailed actuarial and financial information provided by the U.S. Department of Labor, we construct a longevity variable for each pension plan and then measure the impact of varying life expectancy assumptions across plans and over time on pension plan liabilities. The results indicate that each additional year of life expectancy increases pension liabilities by about 3 to 4 percent. This effect is not only statistically highly significant but also economically: each year of additional life expectancy would increase private U.S. DB pension plan liabilities by as much as $84 billion.

Longevity Policy

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Release : 2011
Genre : Business & Economics
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Book Rating : 774/5 ( reviews)

Longevity Policy - 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 Longevity Policy write by John Andrew Turner. This book was released on 2011. Longevity Policy available in PDF, EPUB and Kindle. This book focuses on public policy issues concerning Social Security, pensions, and older workers that arise because people are living longer. The question it addresses is, ¿What should be the retirement policy responses to increased longevity?¿ Not only has increased longevity occurred for all major demographic groups, but people are healthier at older ages. This book draws on international experience to recommend solutions for U.S. policy.

Safeguarding America's Retirement Security

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Release : 2004
Genre : Business & Economics
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Book Rating : /5 ( reviews)

Safeguarding America's Retirement Security - 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 Safeguarding America's Retirement Security write by United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Financial Management, the Budget, and International Security. This book was released on 2004. Safeguarding America's Retirement Security available in PDF, EPUB and Kindle.

Probleme der Gegenwart und Zukunft

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Release : 1968
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Probleme der Gegenwart und Zukunft - 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 Probleme der Gegenwart und Zukunft write by . This book was released on 1968. Probleme der Gegenwart und Zukunft available in PDF, EPUB and Kindle.

The Future of Pensions in the United States

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Release : 1993
Genre : Business & Economics
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Book Rating : 394/5 ( reviews)

The Future of Pensions in the United States - 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 The Future of Pensions in the United States write by Ray Schmitt. This book was released on 1993. The Future of Pensions in the United States available in PDF, EPUB and Kindle. Table of Contents