Summary |
This book explores how rising pension and healthcare costs, along with workforce aging, are workers now realize that they will have to work longer than intended , as they begin to recognize that their retirement resources will be inadequate to finance retirement consumption. Volatile capital markers, rising medical-care cost, and low saving rates make retirement behavior and policy a moving target.
This book provides readers a range of insights and strategies not available in other volumes, and it represents an in invaluable addition to the PRC/OUP series it will be particularly valuable for managers working toward more efficient pension plans; to scholars and policymakers seeking to maximize pension design and effectiveness; and to actuaries and tax specialists concerned with pension regulation .The pension Research Council at the Wharton School of the University of Pennsylvania was founded 50 years ago to encourage research and teaching on pension and retirement security. Council projects address the long-term issues that underlie contemporary concerns and seek to broaden public understanding of the complex arrangements through research into and publicly-provided benefits.
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