Pensions as Retirement Income Insurance

Article, Preprint OPEN
Zvi Bodie;
(1989)
  • Journal: Journal of Economic Literature,volume 28,issue 1 March,pages28-49

This paper develops the view that employer-sponsored pension plans are best understood as retirement income insurance for employees and from that perspective addresses a number of questions regarding the reasons for their existence, their design, and their funding and i... View more
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    10 11 12 13 14 14 15 17 28 28 29 35 38 40 16See Kotlikoff and Spivak (1981), Hubbard (1987), and Bernheiin and Shoven(1988).

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