Tag: Pension plan
Introduction Employer-provided pensions are an essential piece of the U.S. retirement income system. Calculating the percent of individuals covered by and participating in such plans as well as analyzing the changing nature of those plans is becoming an increasingly important exercise. A variety of data sets are available to estimate pension coverage and participation. Sinc…
Introduction The shift in pension coverage from defined benefit plans to 401(k)s has been underway since 1981. This shift is the result of three developments; 1) the addition of 401(k) provisions to existing thrift and profit sharing plans; 2) a surge of new 401(k) plan formation in the 1980s; and 3) the virtual halt in…
