TY  - JOUR
AU  - Gustman,Alan L.
AU  - Steinmeier,Thomas L.
TI  - The Stampede Toward Defined Contribution Pension Plans:  Fact or Fiction?
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 3086
PY  - 1989
Y2  - August 1989
UR  - http://www.nber.org/papers/w3086
L1  - http://www.nber.org/papers/w3086.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
M2  - featured in NBER digest on 1990-01-01
AB  - This paper questions recent conclusions that the trend towards defined contribution plans and away from defined benefit plans is due to increased pension regulation and/or a changing economic environment. Using data from IRS 5500 filings by pension administrators, we find that at least half of the trend is due to a shifting employment mix toward firms with industry, size, and union status characteristics which have historically been associated with lower defined benefit plan rates. Not more than half of the trend can be attributed to a "stampede" by firms with given industry, size, and union status characteristics toward defined contribution pension coverage.
ER  -