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of several policies that seek to address job quality, including universal health insurance, a universal retirement system …
Persistent link: https://www.econbiz.de/10010667720
employer-provided health insurance, and an employer-sponsored retirement plan – has actually declined. This paper looks at this …
Persistent link: https://www.econbiz.de/10010681103
The U.S. workforce is substantially older and better-educated than it was at the end of the 1970s. The typical worker in 2010 was seven years older than in 1979. In 2010, over one-third of US workers had a four-year college degree or more, up from just one-fifth in 1979. Given that older and...
Persistent link: https://www.econbiz.de/10010561374
insurance; and has no employer-sponsored retirement plan. By our calculations, about 24 percent of U.S. workers were in a bad …
Persistent link: https://www.econbiz.de/10010569385
, the probability of working after normal retirement age is positively related to living with a spouse only, being healthy … elderly people. We also show that working beyond the normal retirement age has a much stronger negative association with … earnings in urban China than in urban Russia. This is consistent with the facts that the normal retirement age is strictly …
Persistent link: https://www.econbiz.de/10012597440
lower benefits. Since the vast majority of retirees rely on Social Security for the bulk of their retirement income, this …
Persistent link: https://www.econbiz.de/10009322492
This working paper argues that pension funds should adopt a funding principle that is consistent with a return on holdings conditional on the state of the stock market. As will be shown, the expected “conditional rate of return” used in making this assessment will vary depending on the...
Persistent link: https://www.econbiz.de/10009649734
government should strengthen Social Security in ways that increase the retirement security of middle- and working-class Americans …. Particular attention should be paid to improving the living standards in retirement of workers in poorly compensated jobs, who … typically have little or no retirement savings outside of Social Security. Some recent proposals to cut Social Security would …
Persistent link: https://www.econbiz.de/10009359468
There have been a number of proposals in policy circles that involve raising the Social Security retirement age. This … increases in longevity. This paper examines the impact of an increase in the retirement age on various demographic groups … retirement age from 67 to 70 (2 months a year for 18 years) on each quintile of the wealth distribution using data from the …
Persistent link: https://www.econbiz.de/10010556771
There is enormous public confusion (much of it deliberately cultivated) about the extent of Social Security’s projected shortfall. Many policymakers and analysts point out that projections from the Congressional Budget Office and the Social Security Trustees show the program to be out of...
Persistent link: https://www.econbiz.de/10008694896