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Law

W.E. Upjohn Institute for Employment Research

2011

Employee Retirement Income Security Act

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Full-Text Articles in Economics

The Transformation Of The American Pension System: Was It Beneficial For Workers?, Edward N. Wolff Jan 2011

The Transformation Of The American Pension System: Was It Beneficial For Workers?, Edward N. Wolff

Upjohn Press

The share of Americans with defined contribution pension plans now exceeds the share of those with defined benefit plans. Wolff refers to this as the "great transformation" and it leads him to examine recent evidence to see whether there are winners and losers resulting from this switch away from traditional pension plans.