TY  - JOUR
AU  - Gustman,Alan
AU  - Steinmeier,Thomas
TI  - Pension Portability and Labor Mobility:  Evidence From the Survey of Income and Program Participation
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 3525
PY  - 1990
Y2  - December 1990
UR  - http://www.nber.org/papers/w3525
L1  - http://www.nber.org/papers/w3525.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

Thomas L. Steinmeier
Department of Economics
Texas Tech University
Lubbock, TX 79409
E-Mail: thomas.steinmeier@ttu.edu
M2  - featured in NBER digest on 1991-04-01
AB  - The evidence presented in this paper casts doubt on the proposition that pension backloading is responsible for the low job mobility rates observed for pension covered workers. It corroborates earlier findings by the authors, based on different data, that pension covered jobs offer higher levels of compensation than workers can obtain elsewhere, and it is this compensation premium, rather than non-portability, that accounts for lower turnover among pension covered workers. This evidence is further bolstered by the finding that defined contribution plans, which are not backloaded, and defined benefit plans, bear similar negative relations to mobility.
ER  -