Results 81 to 90 of about 237,858 (212)
Pension plan funding and stock market efficiency [PDF]
The paper argues that the market signifficantly overvalues firms with severely underfunded pension plans. These companies earn lower stock returns than firms with healthier pension plans for at least five years after the first emergence of the ...
Francesco Franzoni, José M. Marín
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Retirement and the Evolution of Pension Structure [PDF]
Defined benefit pension plans have become considerably less common since the early 1980s, while defined contribution plans have spread. Previous research showed that defined benefit plans, with sharp incentives encouraging retirement after a certain ...
Anthony Webb, Leora Friedberg
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The Financial Health of the Pension Guaranty Benefit Corporation (PBGC) [PDF]
, 2007 [Excerpt] The Pension Benefit Guaranty Corporation (PBGC) is a federal government agency created by the Employee Retirement Income Security Act of 1974 (ERISA) to protect the pensions of participants covered by most private sector, defined benefit ...
Klunk, William J.
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Assisting Defined-Benefit Pension Plans
, 2007 The defined-benefit pension system poses substantial, long-term risks for the U.S. economy. We describe a flexible asset-liability management (ALM) system for pension planning. The primary goals are to improve the performance and survivability of the pension trust.
Mulvey, John M. +4 more
openaire +2 more sources
Taxation and Corporate Pension Policy [PDF]
Section I introduces the material in the context of existing research. In Section II the effects of the tax structure on the desirability of having pension plans and on the funding and investment policies of such plans is discussed. Section III discusses
Irwin Tepper
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Annual Survey of Public Pensions: State- and Locally- Administered Defined Benefit Data Summary Report: 2013 [PDF]
, 2015 [Excerpt] This publication presents data on state- and locally- administered public pension systems based on information collected from the 2013 Survey of Public Pensions: State- and Locally-Administered Defined Benefit Data.
Vidal, Phillip
core +1 more source
The Impact of Rising 401(k) Pension Coverage on Future Pension Income [PDF]
Using data from the 1992 Health and Retirement Survey and the 1992 Survey of Consumer Finances, this study compares the level of benefits in 401(k), non-401(k) defined contribution (DC), and defined benefit (DB) plans.
David A. Macpherson, William E. Even
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Recent Trends in Canadian Defined-Benefit Pension Sector Investment and Risk Management [PDF]
Defined-benefit (DB) pension plans account for the majority of employer pension fund assets. In recent years, a number of DB plans have become underfunded, in sharp contrast to the 1990s, when many plans had large actuarial surpluses.
Elizabeth Woodman, Eric Tuer
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