Sinossi
The private pension is a curiosity in the modern economic environment. Why do profit-seeking companies pay retirement benefits to those no longer on the job? In this new institutional history, Steven Sass explores the rise and growth of the financial support system that today commands trillions of dollars of investment capital and supports hundreds of thousands of older Americans.
Before 1900 America's elderly derived their livelihood from simple sources. They worked if they could, relied on their children, and took charity if necessary. By the dawn of the twentieth century, however, the country was constructing a new industrial economy. Both laborers and capital were moving away from farms toward large corporate establishments. These market changes weakened family links and traditional skills, rendering workers more vulnerable to economic shocks. The elderly, in particular, fell out of step with the new mechanized and bureaucratic regime. It was in response to these dramatic economic shifts that the institution of private pensions emerged. In return for workers' long-term loyalty, employers promised to help sustain them through old age.
As Sass shows, creating the pension system proved far more complicated than anyone had anticipated. Over the last hundred years it has evolved into a complex institution driven by congressional mandates, judicial/administrative decisions, union campaigns, political debates, and the ministrations of lawyers, economists, human resource specialists, actuaries, and insurance experts. Sass traces the U.S. pension system through to the present day, exploring how our modern corporate economy is confronting the challenges of an aging population.
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The First Hundred Years
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The Promise of Private Pensions: The First Hundred Years
Editore:
Harvard University Press, 1997
ISBN 10: 0674945204
ISBN 13: 9780674945203
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Hardcover. Condizione: Good. No Jacket. Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less. Codice articolo G0674945204I3N00
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The Promise of Private Pensions: The First Hundred Years
Editore:
Harvard University Press, 1997
ISBN 10: 0674945204
ISBN 13: 9780674945203
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Condizione: Poor. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. Book contains pencil markings. In poor condition, suitable as a reading copy. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,700grams, ISBN:0674945204. Codice articolo 5967649
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The Promise of Private Pensions: The First Hundred Years (Pension Research Council Book)
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Condizione: new. Codice articolo 46P42_65_0674945204
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Promise of Private Pensions : The First Hundred Years
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Promise of Private Pensions : The First Hundred Years
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Harvard University Press, 1997
ISBN 10: 0674945204
ISBN 13: 9780674945203
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Promise of Private Pensions : The First Hundred Years
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Harvard University Press, 1997
ISBN 10: 0674945204
ISBN 13: 9780674945203
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Promise of Private Pensions : The First Hundred Years
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The Promise of Private Pensions The First Hundred Years
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Hardcover. Condizione: Brand New. 332 pages. 9.75x6.50x1.00 inches. In Stock. Codice articolo x-0674945204
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Sass, S: Promise of Private Pensions - The First Hundred Yea
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Gebunden. Condizione: New. In this institutional history, Sass explores the evolution of the financial support system that now commands trillions of dollars of investment capital and supports hundreds of thousands of older Americans. He traces the pension system to the present, explo. Codice articolo 594877534
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The Promise of Private Pensions (Hardcover)
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Harvard University Press, Cambridge, Mass, 1997
ISBN 10: 0674945204
ISBN 13: 9780674945203
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Hardcover. Condizione: new. Hardcover. The private pension is a curiosity in the modern economic environment. Why do profit-seeking companies pay retirement benefits to those no longer on the job? In this new institutional history, Steven Sass explores the rise and growth of the financial support system that today commands trillions of dollars of investment capital and supports hundreds of thousands of older Americans.Before 1900 America's elderly derived their livelihood from simple sources. They worked if they could, relied on their children, and took charity if necessary. By the dawn of the twentieth century, however, the country was constructing a new industrial economy. Both laborers and capital were moving away from farms toward large corporate establishments. These market changes weakened family links and traditional skills, rendering workers more vulnerable to economic shocks. The elderly, in particular, fell out of step with the new mechanized and bureaucratic regime. It was in response to these dramatic economic shifts that the institution of private pensions emerged. In return for workers' long-term loyalty, employers promised to help sustain them through old age.As Sass shows, creating the pension system proved far more complicated than anyone had anticipated. Over the last hundred years it has evolved into a complex institution driven by congressional mandates, judicial/administrative decisions, union campaigns, political debates, and the ministrations of lawyers, economists, human resource specialists, actuaries, and insurance experts. Sass traces the U.S. pension system through to the present day, exploring how our modern corporate economy is confronting the challenges of an aging population. In this institutional history, Sass explores the evolution of the financial support system that now commands trillions of dollars of investment capital and supports hundreds of thousands of older Americans. He traces the pension system to the present, exploring how our modern corporate economy is confronting the challenges of an aging population. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Codice articolo 9780674945203
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