Fundamentals of Private Pensions.

Insurance and Private Pensions

Private Pensions and Individual Savings

had their second child expected on t,he average to have 3 children when their families are completed; those who had had a fourth child expected 4.6 children. While these expectations are somewhat, lower than those found among white Detroit area women at comparable parities, there is serious question as to whether they are realistic. Attitudes and use of birth control among the Negro sample lend...

The Gender Gap in Private Pensions

Older women in Britain receive considerably less private pension income than older men, on average. We analyse this differential by examining differences between the sexes both in private pension coverage and in pension income conditional on receipt. Using regressionbased decompositions, we show that both gaps are associated mainly with gender differences in returns to personal characteristics ...

Private Pensions, Retirement Wealth and Lifetime Earnings

This paper investigates the effect of private pensions on the retirement wealth distribution. We incorporate stochastic private pension coverage into a calibrated life-cycle model with stochastic earnings. Private pensions lead to higher net worth inequality at retirement, which is closer to the inequality observed in the PSID than a model without private pensions. However, the offset effect of...

How social security payments affect private pensions

Many workers look forward to receiving benefits from private pension plans as well as from social security . Half of all full-time wage and salary workers in private industry in May 1979 were covered by pension plans ;' nearly all of them were also under the social security system . This dual retirement income has fostered interest in coordinating public and private plans . Often, social securi...