The long-term shift in coverage from defined benefit (DB) pensions to defined contribution (DC) plans may accelerate rapidly as more large companies freeze their DB pensions and replace them with new or enhanced DC plans. This paper uses the Model of Income in the Near Term to simulate the...

The approaching retirement of the baby boom generation has attracted both research and public policy attention. Many changes occurred during the second half of the twentieth century, changes likely to affect the retirement economic security of recent cohorts. Using data from the Health and...