- The behavioral justification for public pensions🔍
- The Behavioral Justification for Public Pensions🔍
- New Research Examines the Role of Pensions in Sustaining a ...🔍
- Pension Design and Structure New Lessons from Behavioral Finance🔍
- Behavioral economics perspectives on public sector pension plans🔍
- Public Pension Reform🔍
- The Politics of Pensions🔍
- improving|retirement|incomes|considering|behavioural|biases|and ...🔍
The Behavioral Justification for Public Pensions
The behavioral justification for public pensions: a survey
Unfunded public pension systems are primarily justified on grounds that many individuals lack sufficient capacity to appropriately save for ...
The Behavioral Justification for Public Pensions: A Survey
Unfunded public pension systems are primarily justified on grounds that many individuals lack sufficient capacity to appropriately save for ...
The behavioral justification for public pensions: a survey - EconPapers
By T. Scott Findley and Frank Caliendo; The behavioral justification for public pensions: a survey.
New Research Examines the Role of Pensions in Sustaining a ...
Pension plans are viewed highly favorably among public safety employees, with most indicating that a pension was a reason they chose a public ...
als to permit seniors to choose whether they want a public versus a privately ... For this reason, retirees seeking protection against the destructive impact ...
Behavioral economics perspectives on public sector pension plans
Holding fixed a public employee's work and salary history, we show that DB retirement income replacement ratios vary greatly across jurisdictions. This creates ...
This in turn will raise the cost of funding promised benefits.7. For this reason, state-level studies have found that closing off a DB pension plan could ...
Democratic politicians clearly had reason to be responsive to these voters in expanding pensions. But so did Republicans—for they were under no voter pressure ...
improving-retirement-incomes-considering-behavioural-biases-and ...
If low-income workers can expect high replacement rates from the public pension system, forcing them to contribute may not be justified as it may lead them to ...
The Influence of Pensions on Behavior - TIAA
Many thought (and some still think) that the reason for lower turnover from pension jobs is that pensions, espe- cially defined benefit plans, help the employer ...
Most public employees leave jobs before they vest in pension systems
Proponents of pensions argue that pensions motivate employees to stick around, but with lengthy vesting requirements and the undeniable majority ...
Public pension reform with ill-informed individuals - ScienceDirect.com
Calibrating the model to an average OECD economy, I find that a reform that increases the earnings-dependence of pension systems can reduce both lifetime ...
Changes in the Generosity of Pensions for State and Local Workers
The elimination and reduction of COLAs in many plans has reduced the real value of pension annuities in retirement. The increase in employee contributions while ...
The Impact on Poverty of Reducing Pension Benefits in - IMF eLibrary
A primary objective of public pension systems is to provide adequate levels of retirement income to ensure that people are not at risk of poverty in old age. On ...
Do Pensions Enhance Worker Effort and Selection? Evidence from ...
rationale for pension provision argues that pensions ... ”Shrouded costs of government: The political economy of state and local public pensions”.
Ten Ways to Close Public Pension Funding Gaps - NCPERS
What are the options when a public pension funding gap develops? Financial shortfalls can and do occur for a number of reasons. Employers may withhold their ...
Behavioral finance and pension decisions | Transamerica Institute
The often mentioned, educational, social and economic reasons not always depict the full picture of this problem. Behavioral aspects of retirement savings need ...
While many studies attack state and local pension funds for justifying low current contributions by predicting an 8 percent return on investments, Morrissey ...
Pension communication, knowledge, and behaviour | Cambridge Core
A robust finding is that pension knowledge has a positive causal effect on active pension decision-making. Providing an annual pension statement ...
Behavioral and Psychological Aspects of the Retirement Decision
The author reviews and highlights such factors and offers a unique perspective on potential determinants of retirement behavior.