One of the central issues in evaluating the ongoing shift from defined benefit (DB) to defined contribution (DC) pension plans is the degree to which assets in DC plans will be withdrawn before plan participants reach retirement age. The annual flow of withdrawals from such plans, which are...

Defined contribution (DC) pension plans are an increasingly important means of financing retirement consumption. Because individuals often have substantial discretion over how much is contributed to their DC pension plan, studying DC contribution choices provides general insights into the...

Federal law both cultivates and regulates employer-sponsored pension plans in the United States. Some believe that because employers have been migrating away from traditional defined benefit pension plans in the United States, the plan cultivation provisions of federal law have failed to...

Pension Plans 2014 discusses the popular cash balance plan, floor offset plan and cross tested plan from an actuarial viewpoint. Many retirement plan could be upgraded to take into account benefits from a pension plan if they were understood. Contributions to these plans are made on a "benefits"...

Defined contribution (DC) pensions are an increasingly important means of financing retirement consumption. Because individuals often have substantial discretion over how much is contributed to their DC pension, studying DC contribution choices provides general insights into the determinants of...

Concerns over the adequacy of lifetime retirement income are, more than ever before, a global phenomenon. Issues around participants' engagement and retirement security seem to be present across countries with different macroeconomic and cultural backgrounds, saving and social security setups....