Private pensions in an inflationary climate : limitations and policy alternatives / by James E. Pesando.: EC22-3/1978-114E-PDF
"There are two major limitations of private pension plans in an inflationary climate. The first is the lack of portability of defined pension plans and the recognition that, even if the terminating employee is vested, the deferred annuity to which he becomes entitled is likely to be seriously eroded by inflation during his pre-retirement years. The second is the apparent inability of sponsors of defined benefit plans to commit themselves to contractual indexation during the post-retirement period, and the parallel inability of members of money purchase plans to acquire indexed annuities from life insurance companies"--Abstract, p. iv.
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| Department/Agency | Economic Council of Canada. |
|---|---|
| Title | Private pensions in an inflationary climate : limitations and policy alternatives / by James E. Pesando. |
| Variant title | Limitations and policy alternatives |
| Series title | Discussion paper ; no. 114 |
| Publication type | Series - View Master Record |
| Language | [English] |
| Format | Electronic |
| Electronic document | |
| Note(s) | "April 1978." Digitized edition from print [produced by the Publishing and Depository Services Directorate]. Includes bibliographic references. Includes abstract in French. |
| Publishing information | Ottawa : Minister of Supply and Services Canada, c1978. |
| Author / Contributor | Pesando, James E.,1946- |
| Description | iv, 85, [4] p. |
| Catalogue number |
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| Subject terms | Private pensions Inflation |
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