Effect of Stock Market Downturn on Pensions.
Describes impact of the 1987 stock market downturn on pension plans, and discusses retirement income issues highlighted by the plunge. Explains distinction between defined benefit and defined contribution plans; and reviews the Employee Retirement Income Security Act, Pension Benefit Guaranty Corp.,...
| Corporate Authors: | , |
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| Format: | eBook |
| Language: | English |
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[Place of publication not identified] :
[publisher not identified],
1987.
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| Series: | U.S. Congressional Research.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Describes impact of the 1987 stock market downturn on pension plans, and discusses retirement income issues highlighted by the plunge. Explains distinction between defined benefit and defined contribution plans; and reviews the Employee Retirement Income Security Act, Pension Benefit Guaranty Corp., pension plan statistics, estimated impact of stock market on pension assets, effect of interest rates in estimated plan liabilities, and retirement income issues. |
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| Item Description: | Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed June 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource. |
| Physical Description: | 1 online resource. |