The study applies a pension acceptance model to acceptance of an early retirement pension bonus. Probabilities of acceptance range from .18 to .33. It also simulates acceptance behavior without the bonus, with probabilities of acceptance ranging from .11 to .30. (Author/CH)

This document contains 4 charts and 15 tables describing the pension coverage of workers and the income of retirees in the United States as of 1984. Data were gathered through the fourth wave topical module to the 1984 panel of the Survey of Income and Program Participation, conducted from September through December of 1984. The prevalence of…

Supports seniority as a just principle for governing personnel decisions, under fair hiring and valid competence assessment. Argues that seniority reduces likelihood that senior citizens will be second-class citizens in workplace, that seniority rights protect older workers against age discrimination, and that seniority rights protect and increase…

A study documented the continued backloading of pension benefits and the extent of retirement incentives by examining pension accrual in 1,183 U.S. defined benefit pension plans in 1979 and in one large Fortune 500 firm in 1984. Among the findings on the defined benefit pension plans were the following: many plans exhibit significant backloading;…

Two proposals before Congress threaten to offset the delicate balance in pension plan design. The significance of the normal retirement feature in plan design, some possible program design changes, and how the pension arrangements of higher education institutions would be affected are discussed. (MLW)

Recent legislative and regulatory actions have made retirement policies more complicated. Six major elements appropriate for retirement policy review are addressed: normal-age benefits and goals, mandatory retirement, early retirement, phased retirement, auxiliary retirement savings programs, and retirement counseling. (MLW)

Like most Western countries, Switzerland experienced an increased birth rate following World War II, followed by decades of slower growth. However, the number of those over 65 will have increased five-fold during the 20th century, and the number of those over 80 will have increased ten-fold. Thus, there is a smaller number of young people to…

This collection consists of papers presented at a 1982 conference on policy issues in work and retirement. Presented first is an introductory overview of the problems of retirement and aging by Herbert S. Parnes. The following conference reports are included in the volume: "Life without Work: Does It Make Sense?" by Eli Ginzberg;…

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)

Some companies are making dramatic changes in their personnel practices. Research findings at Travelers Insurance Company led to the creation of a retiree job bank that lists retired persons available for temporary and part-time work at the company. (Author/MLF)

The Twin Cities-based Corporate Volunteerism Council (CVC) sponsored the development and administration of a survey and focus groups in May through August, 1985, to determine the needs of older people before and after retirement. Twenty-five members of the CVC answered the survey. They replied that most companies offer preretirement planning and…

The results of more than two-and-one-half years of study by the United States Department of Labor on the effects of the Age Discrimination in Employment Amendments on older workers' retirement plans indicate that removing employment obstacles facing older workers will increase labor force participation rates and, in turn, help refinance the Social…

Recent trends toward earlier retirement have exacerbated the financial problems facing the Social Security system and many other public and private pension plans. The massive commitment of public and private funds to Social Security and pension funds is partly responsible for the trend to early retirement. This, in fact, was one of the early goals…

This book contains seven chapters on work and older workers based on an international symposium held at the University of South Florida in 1989. Chapter titles and authors are as follows: (1) "The Corporate Sector's Stake in Older Workers" (Daniel Knowles); (2) "A Seller's Market for Older Workers" (Audrey Freedman); (3) "Retirees' Reentry into…

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)