Author: Dan Mays McGill
Publisher: Oxford University Press, USA
ISBN: 9780199269501
Category : Business & Economics
Languages : en
Pages : 916
Book Description
For almost five decades, Fundamentals of Private Pensions has been the most authoritative text and reference book on private pensions in the world. The revised and updated Eighth Edition adds to past knowledge while providing exciting new perspectives on the provision of retirement income. This new edition is organized into six main sections dealing with a variety of separable pension issues. Section I provides an introductory discussion on the historical evolution of the pension movement and how pensions fit into the patchwork of the whole retirement income security system in the United States. It includes a discussion about the economics of the tax incentives that have played a role in stimulating pension offerings and in the structure of the benefits provided. Section 2 lays out the regulatory environment in which private pension plans operate. Section 3 investigates the various forms of retirement plans that are available to workers to determine how they are structured in practical terms. Section 4 focuses on the economics of pensions. Several of the chapters in this section update and refine material from the prior. New chapters in this volume describe the conversion of some traditional pensions to new hybrid forms, including cash balance and pension equity plans, and the growing phenomenon of phased retirement and the issues raised for employer-sponsored pensions. Section 5 explores the funding and accounting environments in which private employer-sponsored retirement plans operate. The concluding section investigates the handling of assets in employer-sponsored plans and their valuation as well as the insurance provision behind the benefit promises implied by the plans. This latest edition of Fundamentals of Private Pensions will prove invaluable reading for both academics and professionals working in the area of pensions and pension management.
Fundamentals of Private Pensions
Author: Dan Mays McGill
Publisher: Oxford University Press, USA
ISBN: 9780199269501
Category : Business & Economics
Languages : en
Pages : 916
Book Description
For almost five decades, Fundamentals of Private Pensions has been the most authoritative text and reference book on private pensions in the world. The revised and updated Eighth Edition adds to past knowledge while providing exciting new perspectives on the provision of retirement income. This new edition is organized into six main sections dealing with a variety of separable pension issues. Section I provides an introductory discussion on the historical evolution of the pension movement and how pensions fit into the patchwork of the whole retirement income security system in the United States. It includes a discussion about the economics of the tax incentives that have played a role in stimulating pension offerings and in the structure of the benefits provided. Section 2 lays out the regulatory environment in which private pension plans operate. Section 3 investigates the various forms of retirement plans that are available to workers to determine how they are structured in practical terms. Section 4 focuses on the economics of pensions. Several of the chapters in this section update and refine material from the prior. New chapters in this volume describe the conversion of some traditional pensions to new hybrid forms, including cash balance and pension equity plans, and the growing phenomenon of phased retirement and the issues raised for employer-sponsored pensions. Section 5 explores the funding and accounting environments in which private employer-sponsored retirement plans operate. The concluding section investigates the handling of assets in employer-sponsored plans and their valuation as well as the insurance provision behind the benefit promises implied by the plans. This latest edition of Fundamentals of Private Pensions will prove invaluable reading for both academics and professionals working in the area of pensions and pension management.
Publisher: Oxford University Press, USA
ISBN: 9780199269501
Category : Business & Economics
Languages : en
Pages : 916
Book Description
For almost five decades, Fundamentals of Private Pensions has been the most authoritative text and reference book on private pensions in the world. The revised and updated Eighth Edition adds to past knowledge while providing exciting new perspectives on the provision of retirement income. This new edition is organized into six main sections dealing with a variety of separable pension issues. Section I provides an introductory discussion on the historical evolution of the pension movement and how pensions fit into the patchwork of the whole retirement income security system in the United States. It includes a discussion about the economics of the tax incentives that have played a role in stimulating pension offerings and in the structure of the benefits provided. Section 2 lays out the regulatory environment in which private pension plans operate. Section 3 investigates the various forms of retirement plans that are available to workers to determine how they are structured in practical terms. Section 4 focuses on the economics of pensions. Several of the chapters in this section update and refine material from the prior. New chapters in this volume describe the conversion of some traditional pensions to new hybrid forms, including cash balance and pension equity plans, and the growing phenomenon of phased retirement and the issues raised for employer-sponsored pensions. Section 5 explores the funding and accounting environments in which private employer-sponsored retirement plans operate. The concluding section investigates the handling of assets in employer-sponsored plans and their valuation as well as the insurance provision behind the benefit promises implied by the plans. This latest edition of Fundamentals of Private Pensions will prove invaluable reading for both academics and professionals working in the area of pensions and pension management.
The Economics of Private Pensions
Author: Alicia Haydock Munnell
Publisher: Brookings Institution Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 260
Book Description
Monograph comparing the economic implications of private pension schemes with the social costs of social security-based old age benefits in the USA - describes the historical background of retirement savings, the taxation system allowing tax deductions for employers' contributions, to private schemes, examines investment behaviour, the effect of inflation on cost of living allowance, social security financing problems, etc. Diagrams, graphs, references and statistical tables.
Publisher: Brookings Institution Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 260
Book Description
Monograph comparing the economic implications of private pension schemes with the social costs of social security-based old age benefits in the USA - describes the historical background of retirement savings, the taxation system allowing tax deductions for employers' contributions, to private schemes, examines investment behaviour, the effect of inflation on cost of living allowance, social security financing problems, etc. Diagrams, graphs, references and statistical tables.
The Promise of Private Pensions
Author: Steven A. Sass
Publisher: Pension Research Council Book
ISBN: 9780674945203
Category : Business & Economics
Languages : en
Pages : 332
Book Description
As Sass shows, creating the pension system proved far more complicated than anyone had anticipated. Over the last hundred years it has evolved into a complex institution driven by congressional mandates, judicial/administrative decisions, union campaigns, political debates, and the ministrations of lawyers, economists, human resource specialists, actuaries, and insurance experts.
Publisher: Pension Research Council Book
ISBN: 9780674945203
Category : Business & Economics
Languages : en
Pages : 332
Book Description
As Sass shows, creating the pension system proved far more complicated than anyone had anticipated. Over the last hundred years it has evolved into a complex institution driven by congressional mandates, judicial/administrative decisions, union campaigns, political debates, and the ministrations of lawyers, economists, human resource specialists, actuaries, and insurance experts.
Private Pensions and Public Policies
Author: William G. Gale
Publisher: Rowman & Littlefield
ISBN: 9780815796428
Category : Business & Economics
Languages : en
Pages : 420
Book Description
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
Publisher: Rowman & Littlefield
ISBN: 9780815796428
Category : Business & Economics
Languages : en
Pages : 420
Book Description
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
Practical Guide to Private Pension Plans in Canada
Author: Mitch Frazer
Publisher:
ISBN: 9780888046123
Category : Old age pensions
Languages : en
Pages : 214
Book Description
Publisher:
ISBN: 9780888046123
Category : Old age pensions
Languages : en
Pages : 214
Book Description
Private Pensions Series Supervising Private Pensions: Institutions and Methods
Author: OECD
Publisher: OECD Publishing
ISBN: 9264016988
Category :
Languages : en
Pages : 336
Book Description
Supervising Private Pensions: Institutions and Methods offers detailed and comparable information on the supervisory agencies, institutional design and methods in over 40 countries in the OECD area, Latin America, Eastern Europe and South-east Asia.
Publisher: OECD Publishing
ISBN: 9264016988
Category :
Languages : en
Pages : 336
Book Description
Supervising Private Pensions: Institutions and Methods offers detailed and comparable information on the supervisory agencies, institutional design and methods in over 40 countries in the OECD area, Latin America, Eastern Europe and South-east Asia.
Private Pensions
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Pensions
Languages : en
Pages : 52
Book Description
Publisher:
ISBN:
Category : Pensions
Languages : en
Pages : 52
Book Description
Private pensions "topheavy" rules for ownerdominated plans : report to the chairman, Special Committee on Aging, U.S. Senate
Author: United States. General Accounting Office
Publisher: DIANE Publishing
ISBN: 1428972579
Category : Pension trusts
Languages : en
Pages : 52
Book Description
Publisher: DIANE Publishing
ISBN: 1428972579
Category : Pension trusts
Languages : en
Pages : 52
Book Description
Private Pensions Series Private Pension Systems and Policy Issues
Author: OECD
Publisher: OECD Publishing
ISBN: 9264181210
Category :
Languages : en
Pages : 397
Book Description
This book provides an overview of recent developments in the private pension systems of four OECD countries (Hungary, Mexico, the United Kingdom and the United States) as well as an analysis of institutional investors in Latin America.
Publisher: OECD Publishing
ISBN: 9264181210
Category :
Languages : en
Pages : 397
Book Description
This book provides an overview of recent developments in the private pension systems of four OECD countries (Hungary, Mexico, the United Kingdom and the United States) as well as an analysis of institutional investors in Latin America.
Pension Plan Complexity
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Private Retirement Plans and Oversight of the Internal Revenue Service
Publisher:
ISBN:
Category : Defined benefit pension plans
Languages : en
Pages : 336
Book Description
Publisher:
ISBN:
Category : Defined benefit pension plans
Languages : en
Pages : 336
Book Description