Discusses loss in pension benefits for workers who change jobs frequently due to vesting rules, portability requirements, and availability of lump-sum cash distributions. Examines importance of these issues using a hypothetical worker and a model. Also examines effects of changes in public policies. (Author/ABL)

Examines responsiveness of the nominal income of older persons to price changes and compares changes in their real income to trends in real income of other groups. Data from the Retirement History Study show the elderlys' income sources were not fixed in nominal terms, but increased as prices rose. (NRB)

Raising the age of mandatory retirement will retard the rate of promotional prospects only slightly in the economy. Larger delays will occur for top positions. Individual firms may experience greater delays depending on their rate of growth, previous retirement age, and willingness of older workers to remain on the job. (Author)

Presents four papers discussing issues in the regulation of employer pensions, trends in pension coverage and benefit receipt, restrictive pension provisions and older workers, and indexing retirement benefits. (JAC)