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Pensions And Employee Mobility In The Public Service
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Book Synopsis Pensions and Employee Mobility in the Public Service by : Harold Rubin
Download or read book Pensions and Employee Mobility in the Public Service written by Harold Rubin and published by . This book was released on 1965 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Survey. Study on the impact of pension schemes on the labour mobility of public servants in new york, california, pennsylvania, illinois and ohio. The enquiry was conducted in the government agencies concerned with health, mental health, welfare, education, employment security and agriculture. USA. Tables and questionnaires in appendices. References as footnotes.
Book Synopsis Pensions and Employee Mobility in the Public Sector by : Harold Robbins
Download or read book Pensions and Employee Mobility in the Public Sector written by Harold Robbins and published by . This book was released on 1965 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Private Pensions and Employee Mobility by : Izzet Sahin
Download or read book Private Pensions and Employee Mobility written by Izzet Sahin and published by Praeger. This book was released on 1989-08-09 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author presents a new approach to the study of private pensions in the united States and Canada. Whereas traditional approaches focus on the firm as the key to analyzing pension obligations and the impact of pensions on economic processes, Sahin takes the individual worker as the unit of analysis. The evolution of costs and benefits are then determined over the work life, which may include several jobs and membership in different pension plans. The Worklife Report Sahin presents a new approach to the study of private pensions in the United States and Canada. While traditional approaches focus on the firm as the key to analyzing pension obligations and the impact of pensions on economic processes, Sahin takes the individual worker as the unit of analysis. The evolution of costs and benefits are then determined over the work life, which may include several jobs and membership in different pension plans. Because the conventional approaches generally assume no job mobility and a single employer, Sahin demonstrates, they fail to adequately reflect the actual status of individual pension benefits, the effects of job mobility, and the unequal distribution of pension benefits to individuals with comparable working lives and wage profiles. To gain a clear view of private pensions and their impact on workers, employers, and public policy, Sahin shows that an analytical model that takes into account the interaction of job mobility, inflation, vesting rules, pension coverage, and portability must be employed. By taking the worker as the unit of analysis and emphasizing the dynamics of pension accumulation, Sahin is able to properly assess pension benefits from the perspective of the individual worker who needs to make rational job decisions, from the point of view of the employer concerned with the efficient and economical use of human resources, and from the public policy standpoint where the issue is the overall effectiveness of the private pension system. A pioneering contribution to the study of pension benefits, this volume will be of significant value to employee benefit specialists, policymakers, actuaries, and financial advisors.
Book Synopsis Transferability of Public Employee Retirement Credits Among Units of Government by : United States. Advisory Commission on Intergovernmental Relations
Download or read book Transferability of Public Employee Retirement Credits Among Units of Government written by United States. Advisory Commission on Intergovernmental Relations and published by . This book was released on 1963 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. President's Committee on Corporate Pension Funds and Other Private Retirement and Welfare Programs Publisher : ISBN 13 : Total Pages :152 pages Book Rating :4.3/5 (91 download)
Book Synopsis Public Policy and Private Pension Programs by : United States. President's Committee on Corporate Pension Funds and Other Private Retirement and Welfare Programs
Download or read book Public Policy and Private Pension Programs written by United States. President's Committee on Corporate Pension Funds and Other Private Retirement and Welfare Programs and published by . This book was released on 1965 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Future of Public Employee Retirement Systems by : Gary Anderson
Download or read book The Future of Public Employee Retirement Systems written by Gary Anderson and published by OUP Oxford. This book was released on 2009-08-13 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: People covered by public pensions are often the subject of 'pension envy:' that is, their benefits might seem more generous and their contributions lower than those offered by the private sector. Yet this book points out that such judgments are often inaccurate, since civil servants hold jobs with few counterparts in private industry, such as firefighters, police, judges, and teachers. Often these are riskier, dirtier, and demand more loyalty and discretion than would be required of a more mobile labor force in the private sector. The debate challenges traditional ideas about how the public employee labor contract is structured and raises questions about how such employees are attracted to the public sector, retained and motivated on the job, and retired, via an entire compensation package of wages and benefits. Authors explore aspects of these schemes, addressing the cost and valuation debate, along with the political economy of how public pension asset pools are perceived and managed, an increasingly important topic in times of global financial turmoil. The discussion also explores ways that public pensions can be strengthened in the US, Japan, Canada, and Germany. The volume captures a vigorous debate currently underway by academics, financial experts, regulators, and plan sponsors, all seeking to define a new future for public retirement systems. It will be of substantial interest to a wide range of readers, since public sector employees and their representatives will naturally find the comparisons and arguments over valuation of keen interest. Public pension administrators and policymakers seeking an explanation of what makes these plans so costly will gain a new understanding of how the arguments stack up. Private sector employers and plan sponsors can learn much from efforts to reform these retirement systems in states and countries around the world. Finally, investors and the taxpaying public more generally may be at risk to cover these long-term promises, so it behoves them to pay close attention to the financing and investment practices of these plans, along with their valuation. This volume represents an invaluable addition to the Pension Research Council / Oxford University Press series as it includes actuarial, economic, and financial perspectives making it useful for academics, retirement plan administrators, and public employees wishing to understand the challenges facing public pensions.
Book Synopsis The Development of Retirement Pension Schemes and Their Possible Relation to the Mobility of Professional Employees in the Public Sector by : Joan Lee Schoff
Download or read book The Development of Retirement Pension Schemes and Their Possible Relation to the Mobility of Professional Employees in the Public Sector written by Joan Lee Schoff and published by . This book was released on 1972 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Employee Mobility and Employer-Provided Retirement Plans by : Gopi Shah Goda
Download or read book Employee Mobility and Employer-Provided Retirement Plans written by Gopi Shah Goda and published by . This book was released on 2013 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides new insights into the effect of the widespread transition from defined benefit (DB) to defined contribution (DC) pension plans on employee mobility. Pension plans may affect employee mobility both through an “incentive effect,” where the bundle of benefit characteristics, such as vesting rules, relative liquidity and the risk/return tradeoff affect turnover directly, and a “selection effect,” where employees with different underlying mobility tendencies select into firms with different types of pension plans. In this paper, we quantify the role of selection by exploiting a natural experiment at a single employer in which an employee's probability of transitioning from a DB to a DC plan was exogenously affected by the default provisions of the transition. Using a differences-in-regression-discontinuities (DRD) estimator, we find evidence that employees with higher mobility tendencies self-select into the DC plan. Furthermore, we find a negative direct effect of DC enrollment on turnover that takes place within one year. Our results suggest that selection likely contributes to an observed positive relationship between the transition from DB to DC plans and employee mobility in settings where employees choose plans or employers.
Book Synopsis The Role of the State in Pension Provision: Employer, Regulator, Provider by : Gerard Hughes
Download or read book The Role of the State in Pension Provision: Employer, Regulator, Provider written by Gerard Hughes and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the role of the State in pension provision as an employer, regulator and provider. Part I deals with problems and reforms of public sector pension systems in OECD countries. The countries covered are Denmark, Finland, Germany, The Netherlands, Norway, and the USA. Part II considers the regulation of occupational pension schemes in The Netherlands and the United Kingdom, and whether there is still a role for the State in providing earnings-related pensions in the United Kingdom. Part III presents demographic projections for the next half-century, using Ireland as an example, looks at some of the options which have been used in Finland, and proposed in the United States, to cope with population ageing, and examines issues of intergenerational equity which are posed by these options. All the chapters deal with recent reforms. The chapters are written by acknowledged experts in their field who are independent of both the pensions industry and Government. Hence the chapters provide an informed critical account of current developments in relation to the reform of occupational pension schemes in the public sector and of the debate about the State's role as a regulator of private pension schemes and a provider of pensions based on the social insurance principal. The book is important as a source of information about pension schemes in OECD countries. It shows that there is not a unique model of occupational pension provision for public sector employees and that the pension benefits which are provided in different countries are quite variable. It also shows that public sector occupational pension systems have changed and are in the process of considerable further change in a number of OECD countries.
Author :United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor Standards Publisher : ISBN 13 : Total Pages :848 pages Book Rating :4.3/5 (121 download)
Book Synopsis The Public Service Employee Retirement Income Security Act of 1975 by : United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor Standards
Download or read book The Public Service Employee Retirement Income Security Act of 1975 written by United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor Standards and published by . This book was released on 1976 with total page 848 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Pensions in the Public Sector by : Olivia S. Mitchell
Download or read book Pensions in the Public Sector written by Olivia S. Mitchell and published by University of Pennsylvania Press. This book was released on 2001 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Pension Research Council of the Wharton School, this book explores the diversity of governmental pension plans and investigates how these financial institutions must change in years to come.
Book Synopsis Public Policy Toward Pensions by : Sylvester J. Schieber
Download or read book Public Policy Toward Pensions written by Sylvester J. Schieber and published by MIT Press. This book was released on 1997 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to Schieber and Shoven, pension policy will emerge as one of the key economic issues of the next decade. This book provides a guide to the debate.Public and private pensions control almost a quarter of the United States' tangible wealth--equivalent to all of the country's residential real estate. They account for most current saving in the country, are a crucial component of household retirement resources, and have significant effects on labor market mobility and efficiency. Collectively, they hold a tremendous proportion of all common stock. The stock market has boomed during the past decade, as baby boomers have rapidly accumulated pension assets. Now economists are starting to wonder what will happen when the baby boomers retire. It is already clear that the Social Security system will require drastic changes to remain solvent. Will the stock market experience a similar meltdown as baby boomers withdraw their assets from pension plans? What policies might help to avoid such a crisis? According to Schieber and Shoven, pension policy will emerge as one of the key economic issues of the next decade. This book provides a guide to the debate. Topics include the impact of pensions on personal and national saving, the potential for a Pension Benefit Guarantee Corporation financial crisis, the dramatic growth in 401(k) plans, public sector plants, the prospects for adequate retirement income in the future, and recommended directions for pension policies. The book contains ten chapters, four written by Schieber and Shoven.ContributorsRobert Clark, Ping-Lung Hsin, Olivia Mitchell, James Poterba, Andrew Samwick, Jonathan Skinner, Steven Venti, Carolyn Weaver, David Wise, and Elisa Wolper.
Download or read book Research Report written by and published by . This book was released on 1966 with total page 1042 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Pension Underfunding and Liberal Retirement Benefits Among State and Local Government Workers by : Richard W. Johnson
Download or read book Pension Underfunding and Liberal Retirement Benefits Among State and Local Government Workers written by Richard W. Johnson and published by . This book was released on 1995 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper finds evidence that the relative generosity of pensions among state and local government workers can be explained by the ability of taxpayers to underfund public employee retirement plans. Since underfunding can reduce the tax burden of mobile taxpayers who expect to leave the community before retirement benefits are paid, governments have an incentive to offer their employees compensation packages with generous, but poorly funded, pensions. Combining individual-level data from the Current Population Survey with state-level pension plan provisions collected from state statutes, a recursive system of equations characterizing pension underfunding levels and pension benefits is estimated. The results indicate a strong, positive relationship between underfunding levels and taxpayer mobility. In addition, predicted levels of underfunding significantly increase annual increments to individual pension wealth and the ratio of these increments to current earnings.
Download or read book Publication written by and published by . This book was released on 1947 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Personnel Literature by : United States Civil Service Commission. Library
Download or read book Personnel Literature written by United States Civil Service Commission. Library and published by . This book was released on 1965 with total page 638 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Employee Benefits and Services by : United States Civil Service Commission. Library
Download or read book Employee Benefits and Services written by United States Civil Service Commission. Library and published by . This book was released on 1973 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
