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001 ocn798586242
003 OCoLC
005 20160527041729.7
006 m o d
007 cr |||||||||||
008 120709s2012 dcu ob i000 0 eng d
019 802660130|a903698809
020 1475554974|qelectronic book
020 9781475554977|qelectronic book
035 (OCoLC)798586242|z(OCoLC)802660130|z(OCoLC)903698809
040 DJB|beng|epn|cDJB|dCUS|dOCLCQ|dE7B|dOCLCA|dEBLCP|dOCLCQ
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043 n-us---
049 RIDW
050 4 HG3881.5.I58|bW67 No. 12/170eb
072 7 BUS|x027000|2bisacsh
082 04 332.152|223
090 HG3881.5.I58|bW67 No. 12/170eb
245 04 The impact of longevity improvements on U.S. corporate
defined benefit pension plans /|cprepared by Michael
Kisser [and others].
264 1 [Washington, D.C.] :|bInternational Monetary Fund,|c[2012]
264 4 |c©2012
300 1 online resource (34 pages).
336 text|btxt|2rdacontent
337 computer|bc|2rdamedia
338 online resource|bcr|2rdacarrier
347 text file|2rdaft
490 1 IMF working paper ;|vWP/12/170
500 Title from PDF title page (IMF Web site, viewed Jul. 7,
2012).
500 "Monetary and Capital Markets and Fiscal Affairs
Department."
500 "June 2012."
504 Includes bibliographical references.
520 This paper provides the first empirical assessment of the
impact of life expectancy assumptions on the liabilities
of private U.S. defined benefit (DB) pension plans. Using
detailed actuarial and financial information provided by
the U.S. Department of Labor, we construct a longevity
variable for each pension plan and then measure the impact
of varying life expectancy assumptions across plans and
over time on pension plan liabilities. The results
indicate that each additional year of life expectancy
increases pension liabilities by about 3 to 4 percent.
This effect is not only statistically highly significant
but also economically: each year of additional life
expectancy would increase private U.S. DB pension plan
liabilities by as much as $84 billion.
590 eBooks on EBSCOhost|bEBSCO eBook Subscription Academic
Collection - North America
650 0 Pensions|zUnited States|0https://id.loc.gov/authorities/
subjects/sh85099598|xEconometric models.|0https://
id.loc.gov/authorities/subjects/sh99005483
650 0 Longevity|0https://id.loc.gov/authorities/subjects/
sh85078286|zUnited States|0https://id.loc.gov/authorities/
names/n78095330-781|xEconometric models.|0https://
id.loc.gov/authorities/subjects/sh99005483
650 0 Life expectancy|0https://id.loc.gov/authorities/subjects/
sh85076821|zUnited States|0https://id.loc.gov/authorities/
names/n78095330-781|xEconometric models.|0https://
id.loc.gov/authorities/subjects/sh99005483
650 7 Pensions.|2fast|0https://id.worldcat.org/fast/1057086
650 7 Econometric models.|2fast|0https://id.worldcat.org/fast/
901567
650 7 Longevity.|2fast|0https://id.worldcat.org/fast/1002373
650 7 Life expectancy.|2fast|0https://id.worldcat.org/fast/
998268
651 7 United States.|2fast|0https://id.worldcat.org/fast/1204155
655 4 Electronic books.
700 1 Kisser, Michael.|0https://id.loc.gov/authorities/names/
no2010063328
710 2 International Monetary Fund.|bMonetary and Capital Markets
Department.|0https://id.loc.gov/authorities/names/
no2006113696
710 2 International Monetary Fund.|bFiscal Affairs Department.
|0https://id.loc.gov/authorities/names/n81027435
830 0 IMF working paper ;|0https://id.loc.gov/authorities/names/
no89010263|vWP/12/170.
856 40 |uhttps://rider.idm.oclc.org/login?url=http://
search.ebscohost.com/login.aspx?direct=true&scope=site&
db=nlebk&AN=568203|zOnline eBook. Access restricted to
current Rider University students, faculty, and staff.
856 42 |3Instructions for reading/downloading this eBook|uhttp://
guides.rider.edu/ebooks/ebsco
901 MARCIVE 20231220
948 |d20160607|cEBSCO|tebscoebooksacademic|lridw
994 92|bRID
