Some Dangers in Establishing a Pension System and the Proper Precautions
Language: English
Published by Forgotten Books, 2024
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
£ 13.38
Quantity: Over 20 available
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Print on Demand. This insightful guide delves into the perils of pension systems and proposes solid practices to mitigate risks. The author begins by highlighting the importance of adequate pension funds and emphasizes the need for contributions, which are essentially deferred portions of employees' salaries. The text then explores the various threats to pension systems, such as forfeiture of benefits due to premature death or withdrawal. It presents the glaring drawbacks of assessment assurance and unfunded pension contracts and stresses the importance of establishing a substantial reserve fund. The book also examines the impact of inflation on the purchasing power of pensions and provides practical strategies for adjusting pension plans to address rising living costs. Additionally, it explains the intricacies of calculating the size of the pension reserve fund and discusses various options for investing pension funds to generate stable returns. Ultimately, this book serves as a valuable resource for anyone looking to navigate the complexities of pension systems, ensuring their viability and fairness for both employers and employees. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…
Seller Inventory # 9780243912759_0
- Title
- Some Dangers in Establishing a Pension System and the Proper Precautions
- Author
- Edward L. Dodd
- Publisher
- Forgotten Books
- Publication year
- 2024
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 0243912757
- ISBN 13
- 9780243912759
- Seller catalogs
- Audits and Surveys
The company suggests, indeed, that a teacher pay five per cent Of his salary and that his college pay an additional five per cent to be accumulated for his pension. Thus, a teacher with a salary Of $200 monthly would pay $10 monthly, and his college would also pay $10 monthly. This suggestion, if carried out, would Virtually raise the salary of the teacher from $200 to $210; of this, $190 would be available for immediate use, and $20 would be set aside at four per cent interest to buy ultimately the pension. This suggestion is not an essential feature of the pension system, though it may commend itself to many.
It will be noticed that this system appears not to make adequate provision for the Older men for whom the period of accumulation will be short. But an equitable adaptation for making such provision, whether the pension reserve is held by the college itself or by an insurance company, will be explained in Section 6. Again, it may appear to some unfair to make men who leave the teaching profession pay a larger price for the benefit to be received._ But this pro vision would affect only a small percentage Of college teach ers; and it is a consistent policy for a company organized for the special benefit Of teachers.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Forgotten Books
London, United Kingdom
AbeBooks seller since June 2, 2021
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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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Forgotten Books publishes hundreds of thousands of rare and classic books.
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.
The digital edition of all books may be viewed before purchase if you request a sample.
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