The effect of unionism on workers' valuation of future pension benefits
AbstractThis paper investigates the impact of unionism on the pension benefits workers expect to receive on retirement. The valuation of future benefits by workers, rather than actual employer expenditures on pensions, is examined because expected benefits should be the more important variable in explaining the labor market behavior of individual workers. Analysis of data for middle-aged men, taken from the National Longitudinal Surveys, suggests that union workers are more knowledgeable than nonunion workers about their retirement benefits, and also the average union worker expects to receive a pension higher than that expected by the average nonunion worker. More specifically, among firms providing pensions, the expected benefits are actually lower in union firms than in nonunion firms, but that difference is out-weighed by the fact that nonunion firms are much more likely than union firms to have no pension plan at all. (Abstract courtesy JSTOR.)
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by ILR Review, Cornell University, ILR School in its journal ILR Review.
Volume (Year): 34 (1981)
Issue (Month): 4 (July)
Postal: 381 Ives East, Cornell University, Ithaca, NY 14853-3901
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Freeman, Richard Barry, 1984.
"Longitudinal Analyses of the Effects of Trade Unions,"
4631951, Harvard University Department of Economics.
- Freeman, Richard B, 1984. "Longitudinal Analyses of the Effects of Trade Unions," Journal of Labor Economics, University of Chicago Press, vol. 2(1), pages 1-26, January.
- Richard B. Freeman, 1983. "Longitudinal Analyses of the Effects of Trade Unions," NBER Working Papers 1207, National Bureau of Economic Research, Inc.
- Steven G. Allen & Robert L. Clark, 1985. "Unions, Pension Wealth, and Age-Compensation Profiles," NBER Working Papers 1677, National Bureau of Economic Research, Inc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ILR Review).
If references are entirely missing, you can add them using this form.