Olivia S. Mitchell and Sylvester J. Schieber, Editors
US employers are increasingly turning to defined contribution pensions. This book explores the strengths and weaknesses of this rapidly growing plan type. Actuaries, economists, and lawyers analyze 401(k) plan investment patterns and pension incentives. Designed for benefits specialists and nonexperts, this book is a must for everyone seeking to understand pension opportunities.
1998 · University of Pennsylvania Press · ISBN 0-8122-3439-1
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- Table of Contents, Preface
- Chapter 1: Defined Contribution Pensions: New Opportunities, New Risks
Olivia S. Mitchell and Sylvester J. Schieber - Chapter 2: Pension Coverage Initiatives: Why Don’t Workers Participate?
Richard P. Hinz and John A. Turner - Chapter 3: Financial Illiteracy, Education, and Retirement Saving
B. Douglas Bernheim - Chapter 4: Factors Affecting Participation Rates and Contribution Levels in 401(k) Plans
Robert L. Clark and Sylvester J. Schieber - Chapter 5: Employee Decisions with Respect to 401(k) Plans
Andrea L. Kusko, James M. Poterba, and David W. Wilcox - Chapter 6: Implications of the Shift to Defined Contribution Plans for Retirement Wealth Accumulation
William G. Gale and Joseph M. Milano - Chapter 7: Responses of Mutual Fund Investors to Adverse Market Disruptions
John D. Rea and Richard G. Marcis - Chapter 8: Trends in Retirement Income Plan Administrative Expenses
Edwin C. Hustead - Chapter 9: Emerging Problems of Fiduciary Liability
Brian T. Ortelere - Chapter 10: The Changing Paradigm of 401 (k) Plan Servicing
Ronald D. Hurt - Chapter 11: The Importance of Variable Annuities in a Defined Contribution Pension System
P. Brett Hammond - Chapter 12: Disparate Savings Propensities and National Retirement Policy
Richard A. Ippolito - Chapter 13: The Future of the Defined Contribution Revolution
Sylvester J. Schieber, Richard Dunn, and David L. Wray - Contributors, Index
