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Rewards To Continued Work The Economic Incentives For Postponing Retiremen
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Book Synopsis Rewards to Continued Work by : Olivia S. Mitchell
Download or read book Rewards to Continued Work written by Olivia S. Mitchell and published by . This book was released on 1983 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a new data file on pay and pensions, this paper presents and discusses new empirical evidence on how olde rworkers' income opportunities change as they age. It also develops a detailed description of private pension structures and the ways in which pensions reward deferred retirement. The data imply that the present discounted value of total lifetime income rises when people postpone retirement, but the size of the income increment varies with age. The data also show that some pension plans encourage early retirement while others penalize it.
Book Synopsis Rewards for Continued Work: Economic Incentives for Postponing Retirement by :
Download or read book Rewards for Continued Work: Economic Incentives for Postponing Retirement written by and published by . This book was released on 1985 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis REWARDS TO CONTINUED WORK: THE ECONOMIC INCENTIVES FOR POSTPONING RETIREMEN by : Olivia S. MITCHELL
Download or read book REWARDS TO CONTINUED WORK: THE ECONOMIC INCENTIVES FOR POSTPONING RETIREMEN written by Olivia S. MITCHELL and published by . This book was released on 1983 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Aging and the Macroeconomy by : National Research Council
Download or read book Aging and the Macroeconomy written by National Research Council and published by National Academies Press. This book was released on 2013-01-10 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.
Book Synopsis Social Security Programs and Retirement around the World by : Jonathan Gruber
Download or read book Social Security Programs and Retirement around the World written by Jonathan Gruber and published by University of Chicago Press. This book was released on 2009-02-15 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Security Programs and Retirement around the World represents the second stage of an ongoing research project studying the relationship between social security and labor. In the first volume, Jonathan Gruber and David A. Wise revealed enormous disincentives to continued work at older ages in developed countries. Provisions of many social security programs typically encourage retirement by reducing pay for work, inducing older employees to leave the labor force early and magnifying the financial burden caused by an aging population. At a certain age there is simply no financial benefit to continuing to work. In this volume, the authors turn to a country-by-country analysis of retirement behavior based on micro-data. The result of research compiled by teams in twelve countries, the volume shows an almost uniform correlation between levels of social security incentives and retirement behavior in each country. The estimates also show that the effect is strikingly uniform in countries with very different cultural histories, labor market institutions, and other social characteristics.
Book Synopsis Nonfinancial Defined Contribution Pension Schemes in a Changing Pension World by : Robert Holzmann
Download or read book Nonfinancial Defined Contribution Pension Schemes in a Changing Pension World written by Robert Holzmann and published by World Bank Publications. This book was released on 2012-06-21 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pensions are under scrutiny worldwide in view of increasing life expectancy and adverse demographics. This volume offers an overview of unfunded individual accounts introduced in the mid-1990s in Italy, Latvia, Poland and Sweden in order to assure a successful adulthood and an even better start for the off-springs.
Book Synopsis Economic Report of the President Transmitted to the Congress by : United States. President
Download or read book Economic Report of the President Transmitted to the Congress written by United States. President and published by . This book was released on 1985 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Public Finance and Public Policy by : Jonathan Gruber
Download or read book Public Finance and Public Policy written by Jonathan Gruber and published by Macmillan. This book was released on 2005 with total page 806 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapters include: "Income distribution and welfare programs", "State and local government expenditures" and "Health economics and private health insurance".
Book Synopsis Retooling Social Security for the 21st Century by : C. Eugene Steuerle
Download or read book Retooling Social Security for the 21st Century written by C. Eugene Steuerle and published by The Urban Insitute. This book was released on 1994 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of the Social Security debate arguing that Social Security needs reform and offering a blueprint for implementing them to meet today's and tomorrow's needs.
Author :United States. Government Accountability Office Publisher :Nova Science Pub Incorporated ISBN 13 :9781604568127 Total Pages :87 pages Book Rating :4.5/5 (681 download)
Book Synopsis Retirement Decisions by : United States. Government Accountability Office
Download or read book Retirement Decisions written by United States. Government Accountability Office and published by Nova Science Pub Incorporated. This book was released on 2008 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first wave of the 78 million member baby boom generation is now reaching retirement age. The number of people age 62, the earliest age of eligibility for Social Security retired worker benefits, is expected to be 21 percent higher in 2009 than in 2008. In addition, by 2030, the number of workers supporting each retiree is projected to be 2.2, down from 3.3 in 2006. This demographic shift poses challenges to the economy, federal tax revenues, the nation's old-age programs, and individuals' financial security in retirement. For those who are able to work longer, later retirement can strengthen the economy and also retiree incomes by postponing the time at which people will start drawing retirement benefits rather than working. A wide range of factors including the features of employers' benefit plans, personal finances, social norms, health, and individual attitudes influence workers' decisions about when to retire. Federal policies may also play a role: these include Social Security, Medicare, and tax policies related to certain private retiree health and defined benefit (DB) and defined contribution (DC) pension plans.1 Identifying both the incentives posed by these policies and the extent to which workers respond to them can help to inform policy makers as they consider ways to address the demographic challenges facing the nation. To determine the extent to which federal policiesdirectly and indirectly-pose incentives and are influencing individuals decisions about the age at which they retire, the authors have pursued the following questions: (1) What incentives do federal policies provide about when to retire? (2) What are the recent retirement patterns, and is there evidence that recent changes in Social Security requirements have resulted in later retirements? (3) Is there evidence that tax-favored private retiree health insurance and pension benefits have influenced when people retire? This is a revised and excerpted version.
Book Synopsis Special Study on Economic Change: Social security and pensions : programs of equity and security ... December 4, 1980 by :
Download or read book Special Study on Economic Change: Social security and pensions : programs of equity and security ... December 4, 1980 written by and published by . This book was released on 1980 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Social Security Bulletin written by and published by . This book was released on 2009 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Pensions in the American Economy by : Laurence J. Kotlikoff
Download or read book Pensions in the American Economy written by Laurence J. Kotlikoff and published by University of Chicago Press. This book was released on 2008-04-15 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author :United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight Publisher : ISBN 13 : Total Pages :268 pages Book Rating :4.0/5 ( download)
Book Synopsis Strategies to Encourage Older Workers to Voluntarily Extend Their Worklives by : United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight
Download or read book Strategies to Encourage Older Workers to Voluntarily Extend Their Worklives written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight and published by . This book was released on 1980 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Sustainability of the German Pension Scheme: Employment at Higher Ages and Incentives for Delayed Retirement by : Lewicki, Maria Patricia
Download or read book Sustainability of the German Pension Scheme: Employment at Higher Ages and Incentives for Delayed Retirement written by Lewicki, Maria Patricia and published by KIT Scientific Publishing. This book was released on 2014-03-25 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aging society and threatening old-age poverty are two major political topics in Germany for the next decades. Many modern employment biographies consist of atypical employment and discontinuities; both negatively impact the pension entitlements of the individuals. This work develops an inninnovative approach that offers flexibility to absorb demographic changes as well as labor market developments, without threatening the financial stability of the public pension scheme.
Book Synopsis Domain Linkages and Privatization in Social Security by : Jun-Young Kim
Download or read book Domain Linkages and Privatization in Social Security written by Jun-Young Kim and published by Routledge. This book was released on 2018-02-06 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2000: This volume is based on papers presented at the sixth International Research Seminar on "Issues in Social Security", held by FISS on 12-15 June 1999 in Sigtuna, Sweden. The book relates to the discussion about the merits of improving the incentive structure of social security programmes by privatization. The first part contains two important chapters - the first looks at the interaction between programmes and how they make one of them to serve the purposes of the other. This mechanism is termed "domain linkage". The second chapter deals with welfare state programmes that contain behavioural risks, like health insurance, sickness benefits, unemployment and disability insurance - where moral hazard is a potential problem. The second part of the book groups a number of international comparative studies. The first three deal with retirement issues, and the fourth looks at the development of poverty and income distribution.
Download or read book Monthly Labor Review written by and published by . This book was released on 1995 with total page 750 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.