In this comprehensive review of private pension systems in effect world-wide, Turner and Watanabe discuss the fundamental issues facing nations as they adopt and expand private pension systems including: the degree of privatization, tax policy, risk and insurance from risk, pension financing,...

Employers typically view their investment in pension plans as a means of providing retirement income for their workers. Economists, on the other hand, view pension programs as a way to increase workplace productivity. Dorsey, Cornwell and Macpherson explore the theoretical and empirical basis...

Using models developed for this study which incorporate an array of behaviors generally omitted from conventional models relating backloading to turnover, Gustman and Steinmeier find that backloading plays only a slight role in explaining mobility differences associated with pension coverage....

Turner describes why pension losses are such a significant problem and presents empirical evidence as to the number of workers affected and the amount of losses they incur. He also probes pension portability policy options and looks at portability options in effect in Canada, Japan, the...

The authors explore whether equities could help solve the woes facing the U.S. retirement system in general, and the Social Security shortfall in particular.

Turner uses the documented experiences of many countries - including the U.K., Sweden, Chile, Australia, Canada, and others - and the tools of economics to analyze the public policy issues surrounding the proposed implementation of individual accounts as part of the U.S. Social Security system.

Turner identifies the current problems facing pension policy for U.S. employer-provided pension plans and recommends solutions to those problems based on his examination of pension systems in other industrialized nations.

This volume explores the implications of an aging workforce for a number of social programs in the coming decades, and point to the critical policy issues we must face when growing numbers of older workers begin to strain the capacity of those programs.