Social and Behavioral Sciences Commons^™

Effects Of An Individual Development Account Program On Retirement Saving: Follow-Up Evidence From A Randomized Experiment, Michal Grinstein-Weiss, Michael Sherraden, William Gale, William M. Rohe, Mark Schreiner, Clinton Key

Center for Social Development Research

Using data from a randomized experiment that ran from 1998 to 2003 in Tulsa, Oklahoma, we examine the 10-year follow-up effects on retirement saving of an Individual Development Account (IDA) program. The IDA program included financial education, encouragement to save, and matching funds for several qualified uses of the savings, including contributions to retirement accounts. The results indicate that, as of 2009, 6 years after the program ended, the IDA program had no impact on the propensity to hold a retirement account, the account balance, or the sufficiency of retirement balances to meet retirement expenses.

Ensuring Health And Income Security For An Aging Workforce, Peter Budetti, Richard V. Burkhauser, Janice M. Gregory, H. Allan Hunt

H. Allan Hunt

The chapters explore implications of an aging workforce for a number of social programs in the coming decades, and point to the critical policy issues we must face when growing numbers of older workers begin to strain the capacity of those programs.

Cpf Life: Managing Longevity Risk As Singaporeans Live Longer, Singapore Management University

Perspectives@SMU

To combat the possibility that retirees might outlive their assets, Singapore’s Central Provident Fund (CPF) – the national compulsory savings and social security scheme – made the bold move of mandating annuitisation. This followed the findings of a 2007 government study examining how CPF might respond to an increasing life expectancy as the country's baby boomer generation enters retirement.

Our Retirement In Their Hands: A User Perspective, Cotinne Cortese, David Aylward, John Glynn

John J Glynn

This research reports on the results of a survey of Australian retirees which provide information on attitudes surrounding financial planning advice before, at or after retirement. These results demonstrate that, despite government initiatives aimed at enhancing consumer confidence in the financial services market, most retirees continue to feel dissatisfied with, and lack confidence in, the services provided by their financial advisors. This suggests an increased role for financial planners to provide not only the additional information required under government policy, but also to provide information that is understandable and useful to the retirees that rely on it.

Long-Term Follow-Up Of Individual Development Accounts: Evidence From The Add Experiment, Michal Grinstein-Weiss, Michael Sherraden, William M. Rohe, William Gale, Mark Schreiner, Clinton Key

Center for Social Development Research

Long-Term Follow-Up of Individual Development Accounts: Evidence From the ADD Experiment

Retirement System Characteristics And Compensating Wage Differentials In The Public Sector, Ronald G. Ehrenberg

Ronald G. Ehrenberg

This paper presents evidence that a trade-off exists between wages and certain characteristics of retirement systems in the public sector. Cross-section econometric estimates for uniformed municipal employees, based upon data from two national surveys of municipalities, suggest that, other things equal, an increase in the contribution made by uniformed employees to their retirement system leads to a compensating increase in their salaries, while retirement systems with more "generous" characteristics are associated to some extent with lower salaries. The estimates also indicate that the extent of retirement system underfunding is related to employers' and employees' perceptions of the probability that promised …

Dementia And Driving Retirement: Making Decisions, Catherine Andrew, Victoria Traynor, Donald Iverson

Don C. Iverson

To identify appropriate elements to include in a decisional support resource which may enhance acceptance of potential driving retirement for drivers with dementia.

Dementia And Retirement From Driving: People With Dementia And Their Carers Critique Available Tools, Catherine Andrew, Victoria Traynor, Donald Iverson

Don C. Iverson

Introduction: - Discuss current thinking about the role of practitioners in supporting a person with dementia to consider retirement from driving - Highlight findings from a research project involving drivers over 55 and people with dementia about what support they consider helpful in considering retirement from driving

Legacy - March 2012, South Carolina Institute Of Archaeology And Anthropology--University Of South Carolina

SCIAA Newsletter - Legacy & PastWatch

Contents:

Stanley South Has Retired!.....p. 1
Director's Note.....p. 2
Colonial Conflicts and the Carolina-Chickasaw· Connection.....p. 4
God's Fields: Landscape, Religion, and Race in Moravian Wachovia.....p. 5
2011 Activities of the Southeastern Paleoamerican Survey.....p. 6
SCAPOD Update: Public Education at the Topper Site During the 2011 Field Season.....p. 11
The 2011 Field Seasons at Robertson Farm Site 2 (38PN35).....p. 12
SCAPOD Collaboration with PAST: Public Outreach at Robertson Farm Site (38PN35).....p. 14
The Savannah River Archaeological Research Program's Cinematic Outreach Program.....p. 15
Radiocarbon and Luminescence Dating at Flamingo Bay (38AK469): Implications for Site Formation Processes and Artifact Burial at a …

Retiree Health Benefits As Deferred Compensation: Evidence From The Health And Retirement Study, James Marton, Stephen A. Woodbury

Upjohn Institute Working Papers

Are early retiree health benefits (RHBs) a form of deferred compensation that binds workers to an employer? Most employers who offer RHBs offer them only to workers who have 10 or more years of tenure with the firm and have reached age 55. Accordingly, workers in firms offering RHBs have an incentive to stay with a firm in the years before they attain eligibility for RHBs, and a greater incentive than otherwise to retire thereafter. We test for the existence of such a pattern of incentives by examining the age-specific relationship between workers’ eligibility for RHBs and retirement. The findings …

Upjohn Institute Policy Paper: Public Pension Crisis And Investment Risk Taking: Underfunding, Fiscal Constraints, Public Accounting, And Policy Implications, Nancy Mohan, Ting Zhang

Economics and Finance Faculty Publications

Public pension funds that cover retirement benefits for almost 20 million active or retired employees have been significantly underfunded. An important, though largely overlooked, issue related to pension underfunding is the excessive investment risk levels assumed by public plans. Our analysis suggests government accounting standards strongly affect public fund investment risk, as higher return assumptions (used to discount pension liabilities) are associated with higher investment risk.

Public funds undertake more risk if they are underfunded and have lower investment returns in previous years, consistent with the risk transfer hypothesis. Furthermore, pension funds in states facing fiscal constraints allocate more assets …

Slides: Jisea Natural Gas Study: Potential U.S. Electric Power Futures, Jeffrey Logan

Drawing the Blueprint for a Sustainable Natural Gas Future (January 18)

Presenter: Jeffrey Logan, Denver Museum of Nature and Science

4 slides

Time For Myself, Time For Others: Gender Differences In The Meaning Of Retirement, Kate L. Lanning

Sociology Honors Projects

Research has demonstrated that work is a meaningful activity that contributes to peoples' identities. This meaning, however, may depend on the stage of the life course that one is in, and may be gendered. To contribute to understanding the social meaning of work and potentially gendered life-course transitions, I examine the experiences of older adults with work and retirement. Through interviews with both retired and working older adults, I examine whether and how older men and women differ from each other in the workplace and in retirement. Men and women face different challenges if they continue to work and when …

Seeing Stars: Emotional Trauma In Athlete Retirement: Contexts, Intersections, And Explorations, Scott P. Tinley

CGU Theses & Dissertations

Few areas of modern sport are as misunderstood in popular and academic literature as that of retired professional and elite athletes. While the subject has been studied, the case of the retiring athlete has yet to be fully explored in a detailed, qualitative, and interdisciplinary study focusing on nuanced contexts affecting the quality of an athlete's exit from sport. Utilizing 3 participant groups--29 elite athletes (16 sports, 18 males, 11 females), 9 professional sport administrators, and 8 sport media journalists--over an 18-month period, extensive semi-structured interviews resulted in 1,436 raw data themes that constituted 13 direct, 3 indirect, and 3 …

Interpersonal Psychotherapy For Depressed Retirees: Developing And Testing A Clinical Treatment Manual, Sue G. Miller

Theses: Doctorates and Masters

Most workers adjust well to retirement, but some experience depression due to poor adjustment. No evidence-based treatments were identified that targeted the developmental needs of this complex transition. In phase 1, a treatment manual (IPT-RM) was developed. The manual comprised an adaptation of Interpersonal Psychotherapy. In phase 2, a pilot study was conducted to determine the treatment’s feasibility. A series of non-experimental AB singlecase studies was conducted with nine retirees. All research participants’ depressive symptoms receded into the non-depressed range by the end of the study. The IPT-RM treatment manual was developed to a Stage 1 level, which incorporated peer-reviewed …

Revealing A Master Narrative: Discourses Of Retirement Throughout The Working Life Cycle, Frances Smith, Debbie S. Dougherty

Frances Smith