| Document Type
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BL
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| Record Number
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588417
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| Doc. No
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b417636
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| Main Entry
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Turner, John A., (John Andrew),1949 July 9-
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| Title & Author
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Longevity policy : : facing up to longevity issues affecting social security, pensions, and older workers /\ John A. Turner
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| Publication Statement
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Kalamazoo, Mich. :: W.E. Upjohn Institute for Employment Research,, 2011
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| Page. NO
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x, 159 p. ;; 24 cm
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| ISBN
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9780880993777 (pbk. : alk. paper)
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: 0880993774 (pbk. : alk. paper)
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: 9780880993784 (hbk. : alk. paper)
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: 0880993782 (hbk. : alk. paper)
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| Bibliographies/Indexes
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Includes bibliographical references (p. 135-148) and index
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| Contents
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1. The policy challenges of increasing longevity: paying the costs of living longer : Life-expectancy increases ; This book ; Five policy recommendations ; Conclusions -- pt. 1. Labor market policy toward older workers. 2. Can older workers extend their work lives? Changes in health and job requirements : Why work longer? ; Health indicators affecting the ability to work at older ages ; Factors affecting health at older ages ; Ability to work at older ages ; The decline in physically demanding jobs ; Phased retirement and its relevance to raising the retirement age ; Vulnerable workers ; Public policy issues ; Conclusions --
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Pt. 2. Social security policy. 3. Automatic adjustment mechanisms to maintain social security's solvency : The problem ; Automatic adjustment mechanisms ; International experience with automatic adjustment mechanisms ; Comparing the options: the pros and cons ; Distributional consequences ; Indexing options for U.S. social security ; Conclusions ; Policy recommendations -- 4. Raising the early retirement age : Views on raising the early retirement age ; Comparable early retirement ages with increases in life expectancy ; Fairness ; An alternative to benefit cuts ; International experience ; Flexible normal retirement age ; Raising the maximum age for actuarial adjustment of benefits ; Policy recommendations -- 5. Longevity insurance benefits : An increasing risk of poverty with advancing age ; Longevity insurance ; Longevity insurance in the private sector and internationally ; Conclusions ; Policy recommendations --
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Pt. 3. Pension policy. 6. Defined contribution plans: encouraging annuitization : Policies encouraging workers to annuitize ; The use of information to affect behavior: education, framing, and advice ; Policy recommendations -- 7. Defined benefit plans: flexibility to deal with increasing life expectancy : Effect of life-expectancy increases on defined benefit plan costs ; Employer pension responses to increased worker longevity ; International survey ; A life expectancy-indexed DB plan ; Life-expectancy indexing of fixed ages in pension law ; Lump sum benefits in defined benefit plans ; Policy recommendations --
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Pt. 4. Conclusion. 8. Policy recommendations : Policy recommendations ; Conclusions
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| Subject
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Social security-- United States
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| Subject
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Pensions-- Government policy-- United States
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| Subject
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Older people-- Employment-- Government policy-- United States
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| Dewey Classification
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368.4/300973
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| LC Classification
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HD7125.T849 2011
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HD7125.T849 2011
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