Read more
Informationen zum Autor Olivia S. Mitchell is International Foundation of Employee Benefit Plans Professor of Insurance/Risk Management, Professor of Business Economics/Public Policy, Executive Director of the Pension Research Council, and Director of the Boettner Center for Pensions and Retirement Research at the Wharton School. Concurrently Dr. Mitchell is a Research Associate at the National Bureau of Economic Research and a Co-Investigator for the Health and Retirement Study at the University of Michigan. Her main areas of research and teaching are pensions, insurance and risk management, public finance, and labor markets, with an international focus. She received her B.A. in Economics from Harvard University and her M.A. and Ph.D. degrees in Economics from the University of Wisconsin-Madison. Richard C. Shea is chair of Covington & Burling LLP's Employee Benefits and Executive Compensation practice, where he is widely regarded as a leading authority on cash balance, pension equity, and other complex benefit plan designs. Previously, he served as Associate Benefits Tax Counsel at the Treasury Department, where, together with his colleagues at the Treasury Department and the Internal Revenue Service, he was responsible for developing federal tax legislation and regulations governing employee benefits and executive compensation. He received his AB from Amherst College and his JD from the University of Virginia School of Law. Klappentext This volume investigates how and why traditional approaches to pension risk management have failed, and explores the new mechanisms required to strengthen retirement security for the future. Lessons from international experience are also included, ranging from Singapore to Switzerland, and the Netherlands to Australia Zusammenfassung This volume investigates how and why traditional approaches to pension risk management have failed, and explores the new mechanisms required to strengthen retirement security for the future. Lessons from international experience are also included, ranging from Singapore to Switzerland, and the Netherlands to Australia Inhaltsverzeichnis 1: Olivia S. Mitchell: Introduction: Changing Frameworks for Retirement Security Part I: Assessing the Retirement System: Adequacy, Efficiency, and Stability 2: Alicia H. Munnell, Matthew S. Rutledge, and Anthony Webb: Are Retirees Falling Short? Reconciling the Conflicting Evidence 3: Jack VanDerhei: Retirement Plans and Prospects for Retirement Income Adequacy 4: Julia Coronado: The Changing Concept of Retirement 5: Eugene C. Steuerle, Pamela Perun, and Benjamin H. Harris: Entitlement Reforms and Implications for Pensions Part II: New Thinking about Retirement Risk Sharing 6: Anna Rappaport and Andrew Peterson: Risk Sharing Alternatives for Pension Plan Design 7: David Blitzstein: Pension Benefit Plan Design Innovation: Labor Unions as Agents of Change 8: David P. Richardson and Benjamin Goodman: Back to the Future: Hybrid Co-op Pensions and the TIAA-CREF System 9: Don Fuerst: Retirement Shares Plan: A New Model of Risk Sharing 10: Richard C. Shea, Robert S. Newman, and Jonathan P. Goldberg: The Portfolio Pension Plan: An Alternative Model for Retirement Security 11: John Vine: Cultivating Pension Plans Part III: Pension Reform: Lessons from Abroad 12: A. Lans Bovenberg, Theo E. Nijman, and Roel Mehlkopf: The Promise of Defined Ambition Plans: Lessons for the United States 13: Monika Bütler: Insights from Switzerland's Pension System 14: Rafal Chomik and John Piggott: The Australian Retirement Income System: Lessons for the United States 15: Benedict S. K. Koh: Singapore's Social Security Savings System: A Review and Some Observations for the United States ...