The disappearing defined benefit pension and its potential impact on the retirement incomes of baby boomers

This article uses a microsimulation model to estimate how freezing all remaining private-sector and one-third of all public-sector defined benefit (DB) pension plans over the next 5 years would affect retirement incomes of baby boomers. If frozen plans were supplemented with new or enhanced defined...

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Bibliographic details

Volume:	69
Main Author:	Butrica, Barbara A Iams, Howard M Smith, Karen E Toder, Eric J
Format:	Journal Article
Language:	English
Zielgruppe:	Academic General
Place of publication:	United States Social Security Administration 2009-00-00
published in:	Social security bulletin Vol. 69; no. 3; pp. 1 - 27
Data of publication:	2009-00-00
ISSN:	0037-7910 1937-4666
EISSN:	1937-4666
Discipline:	Economics Social Welfare & Social Work Law
Subjects:	Models, Econometric United States Humans Male United Kingdom Social Security - trends Pensions Investments - trends Computer Simulation Female Aged Income - trends Population Dynamics Retirement - economics Baby boom generation Retirement income Finance Retirement benefits Defined benefit plans Models Compensation and benefits Index Medicus United States
Online Access:	Fulltext
Database:	MEDLINE (Ovid) PubMed MEDLINE MEDLINE MEDLINE Medline MEDLINE - Academic Database information Databases - DBIS