Includes bibliographical references and index.

Publisher Fact Sheet,The Bush administration has made clear its goal to include an option for private investment accounts as part of Social Security. This book considers the likely effects of such reform on personal finance. The Evolving Pension System examines the foundations & the future of the private pension system. It provides a broad overview of the underlying assumptions, characteristics, & effects of existing pension policy, as well as alternative views on how policy toward pensions should evolve in the future.

Annotation,The Evolving Pension System examines the foundations and the future of the private pension system. It provides a broad overview of the underlying assumptions, characteristics, and effects of existing pension policy, as well as alternative views on how public policy toward pensions should evolve in the future. Contributors include Robert Clark (North Carolina State University), Eric Engen (Federal Reserve Board), William G. Gale (Brookings Institution), Theodore Groom (Groom Law Group, Chartered), Daniel Halperin (Harvard), Alicia Munnell (Boston College), Leslie Papke (Michigan State University), Joseph Quinn (Boston College), Sylvester Schieber (Watson Wyatt), John B. Shoven (Stanford), and Jack Vanderhei (Temple University and EBRI). William G. Gale is the Joseph A. Pechman Fellow in the Economic Studies program at the Brookings Institution. John B. Shoven is Charles R. Schwab Professor at Stanford University. Mark J. Warshawsky is director of research at the TIAA-CREF Institute.

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