income from labor. The existence of this retirement phase of the life cycle has a profound impact on optimal consumption and … other defined contribution retirement plans, some of our results are particularly noteworthy. All target date funds start …

retirement income adequacy for all covered employees; and (2) to ensure retirement income equity, defined as equal total … employees against adverse changes in their social security retirement benefit. Using the option-pricing methodology of modern … the sponsor makes ad hoc post-retirement benefit increases. We also consider the incentive effects on worker mobility of …

retirement income adequacy for all covered employees; and (2) to ensure retirement income equity, defined as equal total … employees against adverse changes in their social security retirement benefit. Using the option-pricing methodology of modern … the sponsor makes ad hoc post-retirement benefit increases. We also consider the incentive effects on worker mobility of …