Pension Policy: The Search for Better Solutions

Pension Policy: The Search for Better Solutions book cover

Pension Policy: The Search for Better Solutions

Author(s): John A. Turner (Author)

  • Publisher: W E Upjohn Inst for
  • Publication Date: 15 Oct. 2009
  • Language: English
  • Print length: 243 pages
  • ISBN-10: 0880993545
  • ISBN-13: 9780880993548

Book Description

Taking an economist’s perspective while also drawing on disciplines such as tax and labor law, finance, business administration, and actuarial science, Turner (director, the Pension Policy Center) examines policy problems and possible solutions related to US private-sector, employer-provided pension plans. Much of the book is based on lessons from the experiences of other countries. Major issues addressed are increasing pension coverage, increasing annuitization in defined contribution plans, and adjusting pension policy to match increases in life expectancy. Other areas discussed include privatizing social security, managing pension risk, and how pension plans affect people who change jobs or get laid off. The book presents policy proposals for both 401(k) plans and defined benefit plans, and proposes a new type of hybrid pension plan as a way to structure pensions to share risks between workers and employers. Annotation ©2010 Book News, Inc., Portland, OR (booknews.com)

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