English, Article, Journal or magazine article edition: Evaluating Pension Policies in a Model with Endogeous Contributions Alan L. Gustman; Thomas L. Steinmeier

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Bookmark: http://trove.nla.gov.au/version/140546
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Evaluating Pension Policies in a Model with Endogeous Contributions
Author
  • Alan L. Gustman
  • Thomas L. Steinmeier
Physical Description
  • preprint
Notes
  • A model of the firm and its pension plan is used to simulate the first round effects of pension policies. Pension policies create an imbalance in the pension fund which affects the level of pension contributions and ultimately wages. Changes in the differential between compensation and productivity for individual workers alter the distributions of compensation and of incentives for retirement, mobility and effort. Policies investigated include those regulating vesting, pension calculations for early leavers, early retirees and late retirees, maximum service credits, liabilities at termination, and funding practices.
  • RePEc:nbr:nberwo:3085
Language
  • English
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