The Resource Not Your Father's Pension Plan: The Rise of 401(k) and Other Defined Contribution Plans
Not Your Father's Pension Plan: The Rise of 401(k) and Other Defined Contribution Plans
Resource Information
The item Not Your Father's Pension Plan: The Rise of 401(k) and Other Defined Contribution Plans represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Bates College.This item is available to borrow from 1 library branch.
Resource Information
The item Not Your Father's Pension Plan: The Rise of 401(k) and Other Defined Contribution Plans represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Bates College.
This item is available to borrow from 1 library branch.
- Summary
- The number of workers with a 401(k) plan grew from 7.1 million in 1983 to 38.9 million by 1993. The rapid diffusion of 401(k) and other portable defined contribution plans and the decline in defined benefit pensions represent a major change in pension structure. Old-style defined benefit pensions were designed to give a fixed income after retirement, but only for workers who stayed in a job for 20 or 30 years\; workers who left early ended up with little or nothing. Resulting changes in portability, access to pension wealth, and riskiness are altering incentives for job tenure and worker mobility, retirement, and saving both before and after retirement
- Note
- 1253
- Label
- Not Your Father's Pension Plan: The Rise of 401(k) and Other Defined Contribution Plans
- Title
- Not Your Father's Pension Plan: The Rise of 401(k) and Other Defined Contribution Plans
- Summary
- The number of workers with a 401(k) plan grew from 7.1 million in 1983 to 38.9 million by 1993. The rapid diffusion of 401(k) and other portable defined contribution plans and the decline in defined benefit pensions represent a major change in pension structure. Old-style defined benefit pensions were designed to give a fixed income after retirement, but only for workers who stayed in a job for 20 or 30 years\; workers who left early ended up with little or nothing. Resulting changes in portability, access to pension wealth, and riskiness are altering incentives for job tenure and worker mobility, retirement, and saving both before and after retirement
- http://library.link/vocab/creatorName
-
- Friedberg, Leora
- Inter-university Consortium for Political and Social Research [distributor]
- http://library.link/vocab/relatedWorkOrContributorName
- Owyang, Michael T.
- Label
- Not Your Father's Pension Plan: The Rise of 401(k) and Other Defined Contribution Plans
- Note
- 1253
- Control code
- ICPSR01253.v1
- Governing access note
- Access restricted to subscribing institutions
- Label
- Not Your Father's Pension Plan: The Rise of 401(k) and Other Defined Contribution Plans
- Note
- 1253
- Control code
- ICPSR01253.v1
- Governing access note
- Access restricted to subscribing institutions
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.bates.edu/portal/Not-Your-Fathers-Pension-Plan-The-Rise-of/mdEON9KPI3s/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.bates.edu/portal/Not-Your-Fathers-Pension-Plan-The-Rise-of/mdEON9KPI3s/">Not Your Father's Pension Plan: The Rise of 401(k) and Other Defined Contribution Plans</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.bates.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.bates.edu/">Bates College</a></span></span></span></span></div>
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.bates.edu/portal/Not-Your-Fathers-Pension-Plan-The-Rise-of/mdEON9KPI3s/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.bates.edu/portal/Not-Your-Fathers-Pension-Plan-The-Rise-of/mdEON9KPI3s/">Not Your Father's Pension Plan: The Rise of 401(k) and Other Defined Contribution Plans</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.bates.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.bates.edu/">Bates College</a></span></span></span></span></div>