Pension Policy for a Mobile Labor Force
Employers often create a conflict between job mobility and retirement security when they deny future pension benefits to workers who quit a job before reaching retirement age. Unfortunately, this deterrent to job-changing inhibits the labor market's ability to adjust. It also means workers may be unprepared financially upon retirement. Turner describes why pension losses are such a significant problem and presents empirical evidence as to the number of workers affected and the amount of losses they incur. He also probes pension portability policy options and looks at portability options in effect in Canada, Japan, the Netherlands, and the United Kingdom.
Download 1. Job Mobility and Pension Portability (605 KB)
Turner, John A. 1993. Pension Policy for a Mobile Labor Force. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research.
9780880991339 (pbk) ; 9780880991346 (cloth)
EMPLOYMENT and COMPENSATION; Job security; Job stability; Retirement and pensions; Employer strategies; Pensions