Pensions in the Health and Retirement Study - Hardcover

Gustman, Alan L.

Hardcover

ISBN 10: 0674048660 ISBN 13: 9780674048669

Publisher: Harvard University Press, 2010

Synopsis

This book presents a careful analysis of pension data collected by the Health and Retirement Study, a unique survey of people over the age of fifty conducted by the University of Michigan for the National Institute on Aging. The authors studied pensions as they evolve over individuals' work lives and into retirement: how pension coverage and plans change over a lifetime, how many pensions workers have by the time they retire and what these pensions are worth, what pensions contribute to individual retirement incomes, and how trends and policy changes affect retirement plans. The book focuses on the major features of pensions, including plan type and participation, ages of eligibility for retirement, values of different pension types, how pension values are influenced by retirement age, how plans are settled when a worker leaves a firm, how well people understand their pensions, the importance of pensions in retirement saving and as a share of household wealth, and the vulnerability of the retirement age population to the current financial crisis. This book provides readers with an invaluable look at the crucial but ever-changing role of pensions in supporting retirees.

About this title

About the Author

Alan L. Gustman is Loren M. Berry Professor of Economics, Dartmouth College. Thomas L. Steinmeier is Professor of Economics, Texas Tech University. Nahid Tabatabai is Research Associate, Dartmouth College.

Edition details

• Publisher: Harvard University Press
• Publication date: 2010
• Language: English
• ISBN 10: 0674048660
• ISBN 13: 9780674048669
• Binding: Hardcover
• Number of pages: 422