The Financial Accounting Standards Board (FASB) recently issued Statement of Financial Accounting Standards No. 158 "Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans" (SFAS #158). Their intent is to comprehensively reconsider the accounting for postretirement benefit plans in phases. The first phase was to provide…

Attempts to explain how institutional mechanisms such as labor markets and pensions stratify the availability of resources and rewards, and interact with life course processes related to labor force history and job mobility to produce income and wealth inequality among the elderly. (SNR)

Examines the world response to population aging. Discusses national, regional, and international activities, such as conferences, campaigns to promote an active aging, employment projects, and community alternatives to institutional care. Policy responses are considered, involving employment, income, health, housing, family, consumerism,…