Pensions in the American EconomyUniversity of Chicago Press, 2008 M04 15 - 486 páginas For anyone with an interest in pensions—workers and employers, personnel directors, accountants, actuaries, lawyers, insurance agents, financial analysts, government officials, and social scientists—this book is required reading. Now, without the aid of a pension specialist, anyone can determine how their particular pension plan stacks up against the average. Using virtually all available government sources (including computerized data unavailable in print) and their own extensive surveys, the authors present a comprehensive description of the structural features and financial conditions of U.S. private, state, city, and municipal pension plans. The introductions to the hundreds of tables explain and highlight the information. The picture that emerges of the "typical" plan and its significant variations is crucial to all those with a financial stake in pensions. The reader can compare pension vesting, retirement, and benefit provisions by plan type, plan size, industry, union status, and many more characteristics. With this information, workers can evaluate just how generous their employer is; job applicants can compare fringe benefits of prospective employers; personnel directors can judge their competitive edge. The financial community will find especially interesting the analysis of the unfunded liabilities of private, state, and local pension funds. The investment decisions of private and public pension funds and their return performances are described as well. Government officials and social scientists will find the analysis of pension coverage, the receipt of pension income by the elderly, cost-of-living adjustments, and disability insurance of special importance in evaluating the proper degree of public intervention in the area of old age income support. Pensions in the American Economy is comprehensive and easy to use. Every reader, from small-business owners and civil servants to pension fund specialists, will find in it essential information about this increasingly important part of labor compensation and retirement finances. |
Contenido
1 Introduction | 1 |
2 Description of Data | 20 |
3 Pension Coverage of Workers and Pension Income Receipt among the Elderly | 27 |
4 The Structure of Private Pension Plans | 163 |
5 Financial Aspects of Private Pension Plans | 290 |
6 The Structure of State and Local Pension Plans | 352 |
7 Financial Aspects of State and Local Pension Plans | 372 |
Notes | 437 |
References | 439 |
| 445 | |
Otras ediciones - Ver todas
Pensions in the American Economy Laurence J. Kotlikoff,Daniel E. Smith Sin vista previa disponible - 1984 |
Términos y frases comunes
A. G. Becker Age and Service Amount Row Percent Benefit Defined Contribution benefit formulae billion BOC-CPS covered workers Defined Benefit Defined defined benefit plans defined contribution plans Dollars Early Retirement earnings base Earnings Related Elderly Households employees Flat Benefit fraction Frank Arnold Hewitt Associates Households Receiving Pensions Industry Insurance Locally Administered NA NA NA NBER-DOL EBS1 File Nonunion Number Number of Elderly Number of Participants Number of Plans Number of Total Number Percent Number Number Row Percent pension benefits pension coverage Pension Income pension liabilities Pensions by Age Percent Number Percent Percent of Recipients Percent of Total Plan Entity plan participants Plan Type portfolios Private Pension Funds private pension plans Recipients Number reported Row Percent Mean Service Requirement Social Security Social Security Administration Source SRI International Survey 5th Percentile Table Total Income Total Number Type of Administrator Union Nonunion Union Number Union Status Vested Accrued Liability Vesting Status
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Página viii - Relation of the Directors to the Work and Publications of the National Bureau of Economic Research 1 . The object of the...
Página viii - The object of the National Bureau of Economic Research is to ascertain and to present to the public important economic facts and their interpretation in a scientific and impartial manner. The Board of Directors is charged with the responsibility of ensuring that the work of the National Bureau is carried on in strict conformity with this object. 2. The President of the National Bureau shall submit to the Board of Directors, or to its Executive Committee, for their formal adoption all specific proposals...