000 02176nam a22003377a 4500
001 sulb-eb0017423
003 BD-SySUS
005 20160405140654.0
008 100519s2010||||enk o ||1 0|eng|d
020 _a9780511778018 (ebook)
020 _z9780521518475 (hardback)
020 _z9781107507326 (paperback)
040 _aUkCbUP
_beng
_erda
_cUkCbUP
_dBD-SySUS.
050 0 0 _aHD7091
_b.M16 2010
082 0 0 _a331.25/2
_222
100 1 _aMackenzie, G. A. (Sandy),
_eauthor.
245 1 4 _aThe Decline of the Traditional Pension :
_bA Comparative Study of Threats to Retirement Security /
_cG. A. (Sandy) Mackenzie.
264 1 _aCambridge :
_bCambridge University Press,
_c2010.
300 _a1 online resource (294 pages) :
_bdigital, PDF file(s).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
500 _aTitle from publisher's bibliographic system (viewed on 04 Apr 2016).
520 _aThe traditional (final or average salary) pension that employers have provided their employees has suffered a huge decline in labor force coverage in the United Kingdom and the United States, and less severe declines in Canada and elsewhere. The traditional pension provides a precious measure of retirement security by paying retirees an annuity for life. This study compares developments in the countries just named and in Australia, Denmark, Germany, Japan, Netherlands, Sweden, and Switzerland to explain the forces behind the decline of the traditional pension and to contrast the experience of public sector employer-provided plans, where it remains dominant. Given the great value of the longevity insurance that the traditional plan provides, and the risks its diminished coverage entails, the book proposes a set of measures that either stem the decline or endow defined contribution pensions with some of the attributes of the traditional plan.
650 0 _aPensions
650 0 _aInvestments
650 0 _aPortfolio management
776 0 8 _iPrint version:
_z9780521518475
856 4 0 _uhttp://dx.doi.org/10.1017/CBO9780511778018
942 _2Dewey Decimal Classification
_ceBooks
999 _c38861
_d38861