Pension Policy for a Mobile Labor Force

Title

Pension Policy for a Mobile Labor Force

Year

1993

Abstract

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.

Files

Download 1. Job Mobility and Pension Portability (605 KB)

Contents

  1. Job Mobility and Pension Portability
  2. The Changing U.S. Labor Market
  3. Characteristics of Job Changers
  4. Retirement Benefit Loss
  5. Preretirement Use of Retirement Benefits
  6. Pensions and Layoffs
  7. Pension Portability in the United States
  8. Pension Reform Debate
  9. Policy Options for Pension Portability
  10. Portability Economics
  11. Layoffs and Portability Issues
  12. An International Perspective on Pension Portability
  13. Conclusions

ISBN

9780880991339 (pbk) ; 9780880991346 (cloth)

Subject Areas

EMPLOYMENT and COMPENSATION; Job security; Job stability; Retirement and pensions; Employer strategies; Pensions

Pension Policy for a Mobile Labor Force

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