Why Did Male Pension Coverage Decline in the 1980s?
基于1979年和1988年当前人口调查数据，分析了80年代男性养老金覆盖率下降的原因，发现就业结构变化和401(k)计划的自愿参与特性是主因，尤其对年轻工人影响更大。
This analysis of 1979 and 1988 May Current Population Survey data suggests explanations for why male pension coverage declined during the 1980s, and why the decline was particularly pronounced among young workers. During the 1980s, employment shifted toward jobs with lower pension coverage, and this shift was more pronounced among young workers than among older workers. More important than the reduction in the percentage of workers offered pensions, however, was reduced participation in pension plans. One factor contributing importantly to declining participation rates was the growing share of pensions that were 401 (k) plans; under such plans, participation is more voluntary than it is under other plans, and young workers are more likely than older workers to decline to participate.(This abstract was borrowed from another version of this item.)