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The decline of the traditional pension : a comparative study of threats to retirement security
Auteur
Éditeur Cambridge University Press
Année 2010
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Auteur
Titre
The decline of the traditional pension : a comparative study of threats to retirement security
Éditeur
Description
1 vol. (XIII-273 p.) : graph. ; 24 cm
Notes
Glossaire. Bibliogr. p 263-273. Index
Sujets
Classification Dewey
331.252
Résumé
"The 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"--
ISBN
978-0-521-51847-5
Origine de la notice
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