Descriptor
| Age | 1 |
| Comparative Analysis | 1 |
| Incentives | 1 |
| Retirement | 1 |
| Retirement Benefits | 1 |
| Sociocultural Patterns | 1 |
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| Journal of Human Resources | 1 |
Author
| Friedberg, Leora | 1 |
| Webb, Anthony | 1 |
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| Journal Articles | 1 |
| Reports - Evaluative | 1 |
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Peer reviewedFriedberg, Leora; Webb, Anthony – Journal of Human Resources, 2005
A comparative analysis of defined benefit pension plans that were more common before 1980s and the defined contribution plans is presented. It is observed that defined benefit pension plans offered age related incentives thereby encouraging people to retire earlier. In contrast, defined contribution plans encourage people to continue with jobs…
Descriptors: Retirement, Retirement Benefits, Age, Incentives
