On Tuesday, July 27, 2010, the Savings and Retirement Forum will be held at Fidelity Investments (325 7th street, NW on the 6th floor) [Directions here], at 8:30am. Fidelity Senior Vice President for Policy Development and Market Planning Pamela Everheart will speak on the subject of “The impact of financial guidance on plan participants.” Sue [...]
Entries Tagged 'Social Security' ↓
Savings and Retirement Event: Savings Rates In The U.S.
July 20th, 2010 — Defined Benefit, Defined Contribution, Event, Events, Social Security, Uncategorized, featured
A Progressivity Index for Social Security
February 12th, 2009 — Recession, Research Papers, Social Security
Summary and Introduction: The Social Security benefit formula has incorporated some measure of progressivity almost since the program’s inception. As early as 1939, amendments to the original Social Security Act stipulated that monthly benefits replace a higher proportion of preretirement earnings for people with lower earnings compared with those with higher earnings (Martin and Weaver [...]
How Pension Rules Affect Work and Contribution Patterns: A Behavioral Model of the Chilean Privatized Pension System
February 11th, 2009 — Defined Benefit, Defined Contribution, International, Research Papers, Social Security
Abstract: by Petra Todd and Viviana Vélez-Grajales WP 2008-193 Chile has been at the forefront of pension reform, having switched in 1980 from a pay-as-you-go system to a fully funded privatized accounts system. The Chilean system served as a model for reform in many other Latin American countries and has also been considered by U.S. [...]
How Much Risk is Acceptable
February 4th, 2009 — 401(k), Defined Benefit, Defined Contribution, Social Security
Papers Introduction: The financial crisis has sparked proposals to reform the retirement income system. One component of such a system could be a new tier of retirement accounts. These accounts would augment declining Social Security replacement rates for low-wage workers and provide a buffer of security for middle- and upper-wage workers who, increasingly, will rely [...]