Private pensions : millions of workers lose Federal benefit protection at retirement : report to the chairman, Committee on Banking, Housing, and Urban Affairs, U.S. Senate /

"GAO/HRD-91-79."

Private pensions and capital formation /

Mode of access: Internet.

Earnings replacement from social security and private pensions: newly entitled beneficiaries, 1970.

Mode of access: Internet.

Wage Policy of Firms: an Empirical Investigation.

This paper analyzes the dynamics of wages and workers' mobility within firms with a hierarchical structure of job levels. The theoretical model proposed by Gibbons and Waldman (1999), that combines the notions of human capital accumulation, job rank assignments based on comparative advantage and learning about workers' abilities, is implemented empirically to measure the importance of these elements in explaining the wage policy of firms. Survey data from the GSOEP (German Socio-Economic Panel) are used to draw conclusions on the common features characterizing the wage policy of firms from a large sample of firms. The GSOEP survey also provides information on the worker's rank within his firm which is usually not available in other surveys. The results are consistent with non-random selection of workers onto the rungs of a job ladder. There is no direct evidence of learning about workers' unobserved abilities but the analysis reveals that unmeasured ability is an important factor driving wage dynamics. Finally, job rank effects remain significant even after controlling for measured and unmeasured characteristics.

La réglementation des risques associés à la gouvernance des régimes complémentaires de retraite.

Dans un univers financier en turbulence, les régimes de retraite privés gèrent une part importante de l’épargne-retraite des Québécois en conciliant les intérêts divergents de différents acteurs : employeurs, participants actifs, retraités, autres intervenants à la gestion. Considérant la complexité des techniques et des instruments financiers, la gestion des régimes de retraite est devenue, pour les administrateurs de régime, un exercice périlleux. Dans ce contexte, la réglementation des risques associés à la gouvernance des régimes de retraite constitue aujourd’hui un enjeu socio-économique important pour assurer leur pérennité dans notre système de retraite. Le cadre légal et réglementaire applicables aux régimes de retraite découle essentiellement de la Loi sur les régimes complémentaires de retraite et ses règlements ainsi que du Code civil du Québec. En s’appuyant sur des études économiques et financières, cette étude analyse le régime juridique du fonctionnement et de la gouvernance des régimes de retraite par les comités de retraite et propose des améliorations en utilisant une approche fondée sur le risque. À titre préliminaire, pour situer dans le temps la problématique actuelle, cette étude présente l’évolution des régimes de retraite privés de l’origine à nos jours en se concentrant sur les règles affectant leur administration. Ensuite, dans une première partie, le cadre théorique sur lequel s’appuie notre étude est exposé. Les régimes de retraite privés y sont présentés comme un intermédiaire opérant sur les marchés financiers par le biais d’autres intermédiaires : les gestionnaires de portefeuilles, les courtiers en valeurs et les gardiens de valeurs. Il s’applique aux régimes de retraite des principes de gouvernance d’entreprise particuliers fondés sur les risques encourus par l’organisation. Cette partie conduit au développement d’une théorie de l’agence des régimes de retraite privés impliquant notamment des relations fondamentales entre l’employeur, les participants et bénéficiaires et le(s) gestionnaire(s) de portefeuille. Dans la seconde partie, l’environnement légal et réglementaire de la gouvernance applicable des régimes de retraite privés est présenté et la structure incitative des règles analysée à la lumière de travaux économiques théoriques et empiriques. Après avoir expliqué les principaux contrats du régime de retraite, un examen de certains mécanismes légaux est effectué : les devoirs généraux des administrateurs, les règles de composition, le fonctionnement interne et l’obligation de rendre compte. Cette étude permet de proposer une série de recommandations visant à améliorer la gouvernance et le fonctionnement des régimes de retraite privés.

Tendências nos desenhos de planos de benefícios nos fundos de pensão do ES

o trabalho discute os fatores que condicionaram a migração de planos de beneficios entre os Fundos de Pensão localizados no Estado do Espírito Santo. O mais antigo modelo de plano de beneficios implantado no Brasil, o plano de beneficio definido, tem características bastante vantajosas aos participantes, pois as empresas patrocinadoras assumem os riscos de desequilíbrio do plano, e os beneficios futuros são assegurados aos participantes. O segundo modelo, mais recente no país, tem como característica principal o fato de que o participante assume os riscos do plano, e os beneficios futuros dependem de diversos fatores, como rentabilidade, tempo de participação, entre outros, deixando de existir garantia aos participantes. Apesar disso, os Fundos de Pensão tem implantado processos de migração de planos de beneficio definido para contribuição definida com sucesso. O texto procura identificar as razões e conseqüências da migração, estabelecendo correlações entre os dois modelos, identificando suas diferenças e semelhanças, o papel exercido pelas empresas patrocinadoras e a estratégia de convencimento dos participantes. Pretende-se que as reflexões sobre esse processo possam contribuir para que os Fundos de Pensão e outros pesquisadores interessados possam ter um nível maior de compreensão e fundamentação sobre o assunto.

Military Service Pensions for public and civil servants in independent Ireland

In 1924 the Cumann na nGaedheal government introduced the first Military Service Pensions Act to provide monetary compensation for those who fought for Irish independence between 1916 and 1923. Pensioners who were in receipt of remuneration from the state as civil and public servants had a portion of their pension deducted commensurate with their state income. This controversial provision was criticised by all political parties as representing a mean-spirited attitude towards veterans of the independence campaign and treating civil and public servants differently from those in private employment. It was eventually modified in the 1940s and abolished in the 1950s. This article provides a case study that highlights the parsimonious attitude of Irish governments towards veterans of the independence campaign and shows how the treatment of public and civil servants reflected tensions between the government and the civil service in the early years of the state.

Public policy for pensions, health and sickness insurance

Includes bibliography

Public policy for pensions, health and sickness insurance: potential lessons from Sweden for Latin America

Includes bibliography

Transitional fiscal costs and demographic factors in shifting from unfunded to funded pensions in Latin America

Includes bibliography

The handbook of Illinois private pension case law.

"January 2008"

Pension coverage and vesting among private wage and salary workers, 1979 : preliminary estimates from the 1979 survey of pension plan coverage /

Includes bibliographical references.

An analysis of alternatives for taxing social security as a private pension /

Cover title.

A Private pension forecasting model : final report /

"PB80-169667."

Private pension systems : joint hearings before a subcommittee on the Committee on Finance.

pt. 1. March 30, 1936. 38 p.--pt. 2. May 16, 1936. pp. 37-57.