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Pension plan descriptions from respondents to the 1992 Health and Retirement Study are compared with descriptions obtained from their employers. Earnings histories reported by respondents are compared with earnings histories from the Social Security Administration. The probability of linking...
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often inconsistent with, predictions obtained by extending the major explanations for the existence of pensions to allow for … union monopoly effects. The findings support some (but not other) explanations in which the impetus for pensions arises more … directly from the behavior of unions, and suggest that behavioral and related policy analyses of pensions should be conducted …
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