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Pension Portability and Labor Mobility: Evidence From the Survey of Income and Program Participation / Alan Gustman, Thomas Steinmeier.
- Format:
- Book
- Author/Creator:
- Gustman, Alan.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w3525.
- NBER working paper series no. w3525
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Pension Portability and Labor Mobility
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1990.
- Summary:
- The evidence presented in this paper casts doubt on the proposition that pension backloading is responsible for the low job mobility rates observed for pension covered workers. It corroborates earlier findings by the authors, based on different data, that pension covered jobs offer higher levels of compensation than workers can obtain elsewhere, and it is this compensation premium, rather than non-portability, that accounts for lower turnover among pension covered workers. This evidence is further bolstered by the finding that defined contribution plans, which are not backloaded, and defined benefit plans, bear similar negative relations to mobility.
- Notes:
- Print version record
- December 1990.
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