Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 4 of 4
Full-Text Articles in Law
Private Pension Policies In Industrialized Countries: A Comparative Analysis, John A. Turner, Noriyasu Watanabe
Private Pension Policies In Industrialized Countries: A Comparative Analysis, John A. Turner, Noriyasu Watanabe
Upjohn Press
In this comprehensive review of private pension systems in effect world-wide, Turner and Watanabe discuss the fundamental issues facing nations as they adopt and expand private pension systems. Specific policies in effect in several private pension systems are analyzed including those in nations dominating world pension assets (Japan, Germany, the U.K., and the U.S.), as is the country whose system is widely regarded as the model for developing nations, Chile. Turner and Watanabe also provide a compendium on the worldwide trends influencing pension systems and their implications for pension policy.
Pension Incentives And Job Mobility, Alan L. Gustman, Thomas L. Steinmeier
Pension Incentives And Job Mobility, Alan L. Gustman, Thomas L. Steinmeier
Upjohn Press
Using models developed for this study which incorporate an array of behaviors generally omitted from conventional models relating backloading to turnover, Gustman and Steinmeier find that backloading plays only a slight role in explaining mobility differences associated with pension coverage. They propose that higher wages often paid at pension-covered jobs play a greater role in reducing mobility than do pensions.
Pension Policy For A Mobile Labor Force, John A. Turner, Tabitha A. Doescher, Phyllis A. Fernandez
Pension Policy For A Mobile Labor Force, John A. Turner, Tabitha A. Doescher, Phyllis A. Fernandez
Upjohn Press
Employers often create a conflict between job mobility and retirement security when they deny future pension benefits to workers who quit a job before reaching retirement age. Unfortunately, this deterrent to job-changing inhibits the labor market's ability to adjust. It also means workers may be unprepared financially upon retirement. Turner describes why pension losses are such a significant problem and presents empirical evidence as to the number of workers affected and the amount of losses they incur. He also probes pension portability policy options and looks at portability options in effect in Canada, Japan, the Netherlands, and the United Kingdom.
The Wage Carrot And The Pension Stick: Retirement Benefits And Labor Force Participation, Laurence J. Kotlikoff, David A. Wise
The Wage Carrot And The Pension Stick: Retirement Benefits And Labor Force Participation, Laurence J. Kotlikoff, David A. Wise
Upjohn Press
Kotlikoff and Wise document the continued backloading of pension benefits and the extent of retirement incentives by examining pension accrual in over 1,500 companies with defined benefit plans. They also perform a detailed analysis on the retirement plan of a "Fortune 500" company.