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"Optimal social security design needs to look at the tradeoff between risk and return of retirement benefits. Munnell and Sass provide an excellent and lucid exposition of the issues which arise when seeking higher returns through riskier benefit designs. This is the book to turn to in order to review international experience so as to understand the pluses and minuses of equities." –J. Michael Orszag, Head of Research, Watson Wyatt LLP

Table of Contents

  1. Cover
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  1. Title Page, Copyright
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  1. Table of Contents
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  1. Acknowledgments
  2. p. ix
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  1. 1. Introduction
  2. pp. 1-20
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  1. 2. The Creation of Modern Retirement Income Systems
  2. pp. 21-42
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  1. 3. The Retirement Income Challenge Facing the United States
  2. pp. 43-67
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  1. 4. Lessons from the United Kingdom: Privatization and a Safety Net
  2. pp. 69-90
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  1. 5. Lessons from Australia: Mandating “Add-On” Individual Accounts
  2. pp. 91-106
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  1. 6. Lessons from Canada: Investing the Trust Fund in Equities
  2. pp. 107-126
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  1. 7. Conclusions
  2. pp. 127-143
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  1. References
  2. pp. 145-156
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  1. About the Authors
  2. p. 157
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  1. Index
  2. pp. 159-169
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  1. About the Institute
  2. p. 171
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Additional Information

ISBN
9780880994507
Print ISBN
9780880992909
MARC Record
OCLC
228143735
Pages
171
Launched on MUSE
2013-01-01
Language
English
Open Access
N
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