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How and Why to Design Pensions for Full Funding in the Real Word
Prof. Jonathan Barry Forman in Marquette Law Review Link to more items from this source
July 9, 2020

109 pages. "[F]inancial planners often suggest that retiring workers should aim to replace 70 to 80% of their annual preretirement earnings. Social Security benefits typically replace around 35% of the typical worker's preretirement earnings, and the purpose of this Article is to show how pensions could and should be designed to replace, say, 40% of the typical worker's preretirement earnings throughout her retirement years. In particular, because so many public and private pension plans are underfunded, this Article focuses on how to fully fund those pensions."  MORE >>

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