As the U.S. Population ages, retirement is becoming an increasingly important life stage. Pension and retirement plans are crucial to the financial well-being of older citizens and key determinants of their standard of living. Many varieties of pension plans are currently offered, and employers have an interest in these plans because a good pension plan can help an employer attract, retain, and motivate a competent workforce. In some cases, the employer's financial health can depend significantly on the financial health of its pension plan. When employers make decisions regarding pension and retirement plans, they are making decisions that have high stakes for both their employees and the employer itself. Poor decisions can lead to intense scrutiny, sometimes by the media or in the courtroom. Good pension decision making can provide a secure future for the employer and its employees. Managing Pension and Retirement Plans: A Guide for Employers, Administrators and Other Fiduciaries covers the essential financial issues surrounding pension plans. It discusses investment policy and strategy, performance measurement, fiduciary responsibilities, and labor market issues, among other topics. Anyone responsible for any aspect of pension plan management will profit from reading this book.
The purpose of 'Pension & Retirement Plan Management: A Guide for Managers and Other Fiduciaries' is to provide reliable guidance for regulatory compliance, advice on managerial strategies, and some clarity on the underlying economics and ...
A oomprehensive guide to improving plan performance.
After reading this book, I have a plan.
Intense media coverage of the public pension funding crisis continues to fuel heightened awareness in and debate over public pension benefits.
If the reduction in benefits is considered a tax , then the marginal benefit for any additional wages over the earnings test threshold earned by Social ... 38 Social Security Administration , 1999 Annual Statistical Supplement .
Notice that all the DC plans provide substantially more benefits earlier in this sample employee's career. ... The computer then produces 5000 future possible return scenarios—basically rolling the dice 5000 times.
This comprehensive guide presents critical data, information, and insights in topic-specific, easy-to-understand ways—providing the knowledge you need to elevate your expertise and overall contribution to your pension plan or system.
Tips for Successfully Managing Your 401(k)
Pension Clarity shows you how to address insufficiencies and opportunities in pension planning for the future, and how to build effective, secure, and reliable pension plans that mitigate risk.
This book fills that void by helping you excel in plan design, establish effective governance practices, and avoid simple compliance errors.