Public Policy and Private Pension Programs

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Publisher :
ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.3/5 (91 download)

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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 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Private Pensions and Public Policies

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Publisher : Rowman & Littlefield
ISBN 13 : 9780815796428
Total Pages : 420 pages
Book Rating : 4.7/5 (964 download)

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Book Synopsis Private Pensions and Public Policies by : William G. Gale

Download or read book Private Pensions and Public Policies written by William G. Gale and published by Rowman & Littlefield. This book was released on 2004-04-21 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: The private pension system, together with Social Security, has provided millions of Americans with income security in retirement. But over the past thirty years, pension coverage has stagnated, leaving behind some vulnerable groups. Defined contribution plans have exposed workers to greater investment risk, while cash balance and other hybrid plans may have adverse effects on older workers caught in the transition. Pension regulations, infamous for their complexity, can be bewildering to policy analysts and policymakers. Private Pensions and Public Policies sheds timely and much-needed light on specific issues within the broader context and framework of pension reform. Contributors focus on topics that must be addressed in any reform effort, including the effects of the shift in emphasis toward defined contribution plans (after the 1974 Employee Retirement Income and Security Act) and hybrid plans (from the 1990s); regulatory issues such as nondiscrimination rules and contribution limits; how to increase the information available to participants and improve financial education; how participants in defined contribution plans make choices on questions such as asset allocation, back-loaded versus front-loaded saving, and annuities versus lump sum distributions; and the interaction of the private pension system with Social Security. Contributors include Robert L. Clark (North Carolina State University), Sylvester J. Schieber (Watson Wyatt Worldwide), Richard A. Ippolito (George Mason University School of Law), Alan L. Gustman (Dartmouth College), Thomas L. Steinmeier (Texas Tech University), John Karl Scholz (University of Wisconsin), Dean M. Maki, (JPMorgan Chase), William Even (Miami University of Ohio), Jagadeesh Gokhale (American Enterprise Institute), Laurence J. Kotlikoff (Boston University), Mark J. Warshawsky (TIAA-CREF Institute), Annika Sunden (Boston College), Andrew A. Samwick (Dartmouth College), David A. Wise (Harvard University), Joel Dickson (T

Private Pension Plan Reform

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Publisher :
ISBN 13 :
Total Pages : 1324 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Private Pension Plan Reform by : United States. Congress. Senate. Committee on Finance. Subcommittee on Private Pension Plans

Download or read book Private Pension Plan Reform written by United States. Congress. Senate. Committee on Finance. Subcommittee on Private Pension Plans and published by . This book was released on 1973 with total page 1324 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Private Pension Plan Reform

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Publisher :
ISBN 13 :
Total Pages : 680 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Private Pension Plan Reform by : United States. Congress. Senate. Committee on Finance. Subcommittee on Private Pension Plans

Download or read book Private Pension Plan Reform written by United States. Congress. Senate. Committee on Finance. Subcommittee on Private Pension Plans and published by . This book was released on 1973 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Role of the State in Pension Provision: Employer, Regulator, Provider

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Publisher : Springer Science & Business Media
ISBN 13 : 1475767897
Total Pages : 162 pages
Book Rating : 4.4/5 (757 download)

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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.

The Evolving Pension System

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Publisher : Rowman & Littlefield
ISBN 13 : 0815797990
Total Pages : 244 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis The Evolving Pension System by : William G. Gale

Download or read book The Evolving Pension System written by William G. Gale and published by Rowman & Littlefield. This book was released on 2006-01-10 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Evolving Pension System examines the foundations and the future of the private pension system. It provides a broad overview of the underlying assumptions, characteristics, and effects of existing pension policy, as well as alternative views on how public policy toward pensions should evolve in the future. Contributors include Robert Clark (North Carolina State University), Eric Engen (Federal Reserve Board), William G. Gale (Brookings Institution), Theodore Groom (Groom Law Group, Chartered), Daniel Halperin (Harvard), Alicia Munnell (Boston College), Leslie Papke (Michigan State University), Joseph Quinn (Boston College), Sylvester Schieber (Watson Wyatt), John B. Shoven (Stanford), and Jack Vanderhei (Temple University and EBRI). William G. Gale is the Joseph A. Pechman Fellow in the Economic Studies program at the Brookings Institution. John B. Shoven is Charles R. Schwab Professor at Stanford University. Mark J. Warshawsky is director of research at the TIAA-CREF Institute.

Mandating Private Pensions

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Publisher :
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Mandating Private Pensions by : Max Horlick

Download or read book Mandating Private Pensions written by Max Horlick and published by . This book was released on 1979 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Aspects of the United States Pension System

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Publisher : University of Chicago Press
ISBN 13 : 0226062899
Total Pages : 466 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Financial Aspects of the United States Pension System by : Zvi Bodie

Download or read book Financial Aspects of the United States Pension System written by Zvi Bodie and published by University of Chicago Press. This book was released on 2008-04-15 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides valuable information and analysis to managers, policymakers, and investment counselors in the rapidly expanding field of pension funding. American workers, too, need answers and insights on how to invest their money and plan for their retirement. fifteen of America's leading financial analysts address such pressing questions as -What is the current financial status of the elderly, and how vulnerable are they to inflation? -What is the impact of inflation on the private pension system, and what are the effects of alternative indexing schemes? -What roles can the social security system play in the provision of retirement income? -What is the effect of the tax code and the Employee Retirement Income Security Act of 1974 (ERISA) on corporate pension policy? -How well funded are corporate pension plans, and is a firm's unfunded pension liability fully reflected in the market value of its common stock? Many of the conclusions these experts reach contradict and challenge popular views, thus providing fertile ground for innovation in pension planning.

Private Pension Plans

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Publisher :
ISBN 13 :
Total Pages : 544 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Private Pension Plans by : United States. Congress. Joint Economic Committee. Subcommittee on Fiscal Policy

Download or read book Private Pension Plans written by United States. Congress. Joint Economic Committee. Subcommittee on Fiscal Policy and published by . This book was released on 1966 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers need for Federal regulation of management of private pension programs.

Regulatory Controversies of Private Pension Funds

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Publisher : World Bank Publications
ISBN 13 : 8042911114
Total Pages : 45 pages
Book Rating : 4.0/5 (429 download)

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Book Synopsis Regulatory Controversies of Private Pension Funds by : Dimitri Vittas

Download or read book Regulatory Controversies of Private Pension Funds written by Dimitri Vittas and published by World Bank Publications. This book was released on 1998 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: March 1998 Although controversial, investment and other draconian regulations for private pension funds are suitable for countries with weak capital markets and little tradition of private pension provision. But regulations should be relaxed as private pension funds gain in maturity. Like other financial institutions, private pension funds require a panoply of prudential and protective regulations to ensure their soundness and safeguard the interests of affiliated workers. These regulations include authorization criteria (such as minimum capital, fit and proper, and business plan requirements), asset segregation and external custody, professional asset management, external audits and actuarial reviews, extensive information disclosure, and effective supervision. These regulations resemble those applied to banks and insurance companies and are not particularly controversial. But private pension funds in developing countries are often subject to structural and operational controls that are more controversial. Such controls include special authorizations and market segmentation, one account per worker and one fund per company rules, nondiscrimination provisions, regulations on fees and commissions, investment limits, minimum profitability rules, and state guarantees. Vittas discusses the use of such regulations in developing countries that have implemented systemic pension reforms. He draws a distinction between this approach and the more relaxed regulatory regime that relies on the prudent person rule found in more advanced countries. He argues that the draconian regulatory approach can be justified on several grounds, but especially by the compulsory nature of the pension system, the absence of strong and transparent capital markets, and the lack of a long tradition of private pension funds. But the regulations should be progressively relaxed as private pension funds and their affiliated workers gain in experience, sophistication, and maturity. This paper-a product of the Development Research Group-is part of a larger effort in the group to study pension funds and institutional investors.

Pension Plan Complexity

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Publisher :
ISBN 13 :
Total Pages : 344 pages
Book Rating : 4.:/5 (51 download)

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Book Synopsis Pension Plan Complexity by : United States. Congress. Senate. Committee on Finance. Subcommittee on Private Retirement Plans and Oversight of the Internal Revenue Service

Download or read book Pension Plan Complexity written by United States. Congress. Senate. Committee on Finance. Subcommittee on Private Retirement Plans and Oversight of the Internal Revenue Service and published by . This book was released on 1990 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Pension Simplification and Investment Rules

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Publisher :
ISBN 13 :
Total Pages : 588 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis Pension Simplification and Investment Rules by : United States. Congress. Senate. Committee on Finance. Subcommittee on Private Pension Plans and Employee Fringe Benefits

Download or read book Pension Simplification and Investment Rules written by United States. Congress. Senate. Committee on Finance. Subcommittee on Private Pension Plans and Employee Fringe Benefits and published by . This book was released on 1977 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Private Pensions Versus Social Inclusion?

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Publisher : Edward Elgar Publishing
ISBN 13 : 1847208800
Total Pages : 273 pages
Book Rating : 4.8/5 (472 download)

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Book Synopsis Private Pensions Versus Social Inclusion? by : Barbara Riedmüller

Download or read book Private Pensions Versus Social Inclusion? written by Barbara Riedmüller and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assesses the extent to which six European multi-pillar pension regimes are socially inclusive, by micro-simulating retirement income for hypothetical citizens facing typical post-industrial risks. This book identifies the political and institutional conditions under which private pensions are reconcilable with social inclusion.

Pension Plan Complexity

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ISBN 13 :
Total Pages : 260 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis Pension Plan Complexity by : United States. Congress. Senate. Committee on Finance. Subcommittee on Private Retirement Plans and Oversight of the Internal Revenue Service

Download or read book Pension Plan Complexity written by United States. Congress. Senate. Committee on Finance. Subcommittee on Private Retirement Plans and Oversight of the Internal Revenue Service and published by . This book was released on 1990 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Pensions at a Glance 2019 OECD and G20 Indicators

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Publisher : OECD Publishing
ISBN 13 : 9264876103
Total Pages : 224 pages
Book Rating : 4.2/5 (648 download)

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Book Synopsis Pensions at a Glance 2019 OECD and G20 Indicators by : OECD

Download or read book Pensions at a Glance 2019 OECD and G20 Indicators written by OECD and published by OECD Publishing. This book was released on 2019-11-27 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2019 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. Moreover, two special chapters focus on non-standard work and pensions in OECD countries, take stock of different approaches to organising pensions for non-standard workers in the OECD, discuss why non-standard work raises pension issues and suggest how pension settings could be improved.

Private Pension Plans

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Publisher :
ISBN 13 :
Total Pages : 548 pages
Book Rating : 4.0/5 (17 download)

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Book Synopsis Private Pension Plans by : United States. Congress. Joint Economic Committee. Subcommittee on Fiscal Policy

Download or read book Private Pension Plans written by United States. Congress. Joint Economic Committee. Subcommittee on Fiscal Policy and published by . This book was released on 1966 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Future of Public Employee Retirement Systems

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Publisher : OUP Oxford
ISBN 13 : 0191610259
Total Pages : 366 pages
Book Rating : 4.1/5 (916 download)

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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.