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In 1980, Chile dramatically reformed its retirement system, replacing what was an old insolvent PAYGO program with a new structure that relies heavily on funded defined contribution individual account...
When social security is established to provide pensions to parents, their reliance upon children for future financial support decreases; and their need to save for retirement also falls. We use the ex...
Across the world, pension systems and their reforms are in a constant state of flux driven by shifting objectives, moving reform needs, and a changing enabling environment. The ongoing worldwide finan...
We analyze expectations of the Dutch population of ages 25 and older concerning the future generosity state and occupational pensions, the two main pillars of the Dutch pension system. Since the summe...
Portability of social benefits across professions and countries is an increasing concern for individuals and policy makers. Lacking or incomplete transfers of acquired social rights are feared to nega...
The purpose of this study is to analyze the incidence of Total Permanent Disability (TPD) pensions in Washington State's workers' compensation program.Concerns exist at both the legislature and in...
Although benefits vary, for many 20-year employees aged 55, a private pension and social security would replace about one-half of the worker's pre-disability earnings.
Most private pension plans offer a lifetime minimum annuity to surviving spouses of about two-fifths of a worker's accrued benefits; however, many spouses may receive a smaller share, or may not be co...
Forty percent of pension participation had plans providing benefit increases for retirees during 1978-81; increases were usually less than half the rise in the Consumer Price Index.
Benefit formulas in medium and large firms gave 30-year employees retiring on Jan. 1, 1984, at age 65 average monthly pensions of $385 for those who earned $15,000 during 1983.
Although annuity increases benefited retirees at all ages studied, the rate of increase was greater for those retiring at ages 55 and 62, than at 65.
Since the enactment of ERISA in 1974, vesting status is attained sooner for most workers and is more easily obtained for mobile workers. Changes in vesting provisions in defined benefit pension plans ...
Defined pension benefit plans—those that spell out benefits usually in terms of salaries and service—provide widely varying benefit to retirees and their survivors. This article examines workers' repl...
A worker's ability to maintain and transfer accumulated pension benefits when changing jobs is not widespread among defined benefit pension plans, although portability provisions vary a great deal. Th...
This article presents data from the Modeling Income in the Near Term (MINT 3) system to address the question of what is in store for the baby-boom cohort once it reaches age 62. The primary objective ...

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