Tag: funding retirement

Mature man is hired to handle outreach to senior adults

Abstract This paper focuses on an explanation for the large shift over the past two decades in the composition of the income of the aged (65+), increasing the role of earned income and reducing the importance of income from their own assets.  We find that the pattern of change is consistently reported in all of…

Creative abstract money savings sketch on modern laptop monitor, accumulation and growth of money concept. 3D Rendering

The brief’s key findings are: Public sector defined benefit plans provide short-tenure workers with little or no pension benefits. One reason is that these plans have long vesting periods – the years of service needed to qualify for any benefit. The longer the vesting period, the less likely an employee will remain long enough to vest. This…