TY  - JOUR
AU  - Gustman,Alan L.
AU  - Steinmeier,Thomas L.
TI  - An Analysis Of Pension Benefit Formulas, Pension Wealth And Incentives From Pensions
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 2535
PY  - 1988
Y2  - March 1988
UR  - http://www.nber.org/papers/w2535
L1  - http://www.nber.org/papers/w2535.pdf
N1  - Author contact info:
Alan L. Gustman
Department of Economics
Dartmouth College
Hanover, NH  03755-3514
Tel: 603/646-2641
Fax: 603/646-2122
E-Mail: ALAN.L.GUSTMAN@DARTMOUTH.EDU
AB  - This paper investigates empirical issues related to pensions. It uses the 1983 Survey of Consumer Finances (SCF), a data set with detailed information both on workers and on their pensions. The paper presents new estimates of pension values for various groups. It compares pension values based on relatively complete SCF data with estimates based on incomplete data of the type found in other data sets. It also examines incentives that pensions create for retirement and job mobility, and relates these incentives to plan characteristics. Some findings appear inconsistent with standard explanations for the existence and nature of pensions.
ER  -