The Decline of the Traditional Pension

A Comparative Study of Threats to Retirement Security

Business & Finance, Finance & Investing, Finance, Management & Leadership, Management
Cover of the book The Decline of the Traditional Pension by G. A. (Sandy) Mackenzie, Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: G. A. (Sandy) Mackenzie ISBN: 9780511852305
Publisher: Cambridge University Press Publication: June 21, 2010
Imprint: Cambridge University Press Language: English
Author: G. A. (Sandy) Mackenzie
ISBN: 9780511852305
Publisher: Cambridge University Press
Publication: June 21, 2010
Imprint: Cambridge University Press
Language: English

The traditional (final or average salary) pension that employers have provided their employees has suffered a huge decline in labor force coverage in the United Kingdom and the United States, and less severe declines in Canada and elsewhere. The traditional pension provides a precious measure of retirement security by paying retirees an annuity for life. This study compares developments in the countries just named and in Australia, Denmark, Germany, Japan, Netherlands, Sweden, and Switzerland to explain the forces behind the decline of the traditional pension and to contrast the experience of public sector employer-provided plans, where it remains dominant. Given the great value of the longevity insurance that the traditional plan provides, and the risks its diminished coverage entails, the book proposes a set of measures that either stem the decline or endow defined contribution pensions with some of the attributes of the traditional plan.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The traditional (final or average salary) pension that employers have provided their employees has suffered a huge decline in labor force coverage in the United Kingdom and the United States, and less severe declines in Canada and elsewhere. The traditional pension provides a precious measure of retirement security by paying retirees an annuity for life. This study compares developments in the countries just named and in Australia, Denmark, Germany, Japan, Netherlands, Sweden, and Switzerland to explain the forces behind the decline of the traditional pension and to contrast the experience of public sector employer-provided plans, where it remains dominant. Given the great value of the longevity insurance that the traditional plan provides, and the risks its diminished coverage entails, the book proposes a set of measures that either stem the decline or endow defined contribution pensions with some of the attributes of the traditional plan.

More books from Cambridge University Press

Cover of the book How Leaders Mobilize Workers by G. A. (Sandy) Mackenzie
Cover of the book Analytical Modeling of Heterogeneous Cellular Networks by G. A. (Sandy) Mackenzie
Cover of the book Repeated Games by G. A. (Sandy) Mackenzie
Cover of the book Customary International Law in Times of Fundamental Change by G. A. (Sandy) Mackenzie
Cover of the book The Government of Social Life in Colonial India by G. A. (Sandy) Mackenzie
Cover of the book Disrupting Boundaries in Education and Research by G. A. (Sandy) Mackenzie
Cover of the book What Should Constitutions Do? by G. A. (Sandy) Mackenzie
Cover of the book Henry James and the Culture of Consumption by G. A. (Sandy) Mackenzie
Cover of the book Unmaking China's Development by G. A. (Sandy) Mackenzie
Cover of the book Atlas of Forensic Histopathology by G. A. (Sandy) Mackenzie
Cover of the book Electromagnetic Field Theory Fundamentals by G. A. (Sandy) Mackenzie
Cover of the book Geometric Algebra for Physicists by G. A. (Sandy) Mackenzie
Cover of the book Writing Sounds in Carolingian Europe by G. A. (Sandy) Mackenzie
Cover of the book Worked Examples in Nonlinear Continuum Mechanics for Finite Element Analysis by G. A. (Sandy) Mackenzie
Cover of the book Severe Domestic Squalor by G. A. (Sandy) Mackenzie
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy