Employee Pensions: Policies, Problems, and Possibilities / Edition 1

by Teresa Ghilarducci, Christian E. Weller

Overview

This volume outlines a fresh view on pension plans from the perspective of both the employer and employee, describing the possibilities in American labor relations and in Congress to meet employers' needs to compete and to fulfill the enduring desire of workers to plan for a financially secure period of leisure at the end of their working lives. The authors examine the advantages to employers from sponsoring a defined benefit plan and focus on ways to stabilize defined benefit plan coverage. They also look into the need for changes in regulations governing defined contribution plans, offering a number of innovative policy solutions. Finally, they provide insight into the political and institutional constraints that may impede the creation of new pension legislation that could help to strengthen defined benefit plans and improve defined contribution plans.

Product Details

ISBN-13:	9780913447956
Publisher:	Labor and Employment Research Association
Publication date:	10/15/2007
Series:	LERA Research Volume
Edition description:	New Edition
Pages:	304
Sales rank:	734,686
Product dimensions:	5.50(w) x 8.50(h) x (d)
Age Range:	18 Years

About the Author

Christian E. Weller is Professor of Public Policy and Public Administration at the University of Massachusetts Boston.

Table of Contents

Issues Still Facing Employer-Based Pensions: Introduction to the Volume   Teresa Ghilarducci   Christian E. Weller     1
Justification for the Employer-Based System
The Labor Supply Effects of Employer-Provided Pensions: Theory, Evidence, and Implications for the Future   Jeffrey B. Wenger   Laura P. D'Arcy     9
Economic Institutiona] Change and Employer Pensions   William Lazonick     29
Partial Retirement: Widespread Desire Among Workers, But Limited Demand by Employers   Sharoa Hermes, GAO     69
Getting Defined Benefit Plans Ready for the Future
Tales of the Dodo Bird and the Yellowstone Wolf Lessons for DB Pensions and the Retirement Ecosystem   Sylvester J. Schieber     85
Multi-employer Plans: Plan Design for the Future   Beth Almeida     101
Ways to Improve Defined Contribution Plans
How Can Defined Contribution Plans Meet Workers' Needs?   Eric Rodriguez   Luisa Grillo-Chope     123
Putting Annuities Back into Savings Plans   Pamela Ferun     143
Understanding the Political Dimensions of Pension Reform
U.S. Federal Pension Policy: Its Potential and Pitfalls   Michele Varnhagen     163
The Politics of Pension Cuts   David Madland     187
Pension Policy Options: Meeting in the Middle   Christian E. Weller   Teresa Ghilarducci     215
About the Contributors     233