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Job Tenure and Pension Coverage

Author

Listed:
  • Alicia H. Munnell
  • Kelly Haverstick

    (Center for Retirement Research, Boston College)

  • Geoffrey Sanzenbacher

    (Center for Retirement Research, Boston College)

Abstract

Commentators constantly cite an increase in labor mobility as a major reason for the shift in the private sector from defined benefit to defined contribution plans. But while most casual observers accept such a phenomenon, economists have been hard pressed to find any significant change over time. Only in recent years have the data indicated that mobility might have increased for some groups. This pattern suggests that the advent of 401(k) plans led to an increase in mobility rather than an increase in mobility leading to the proliferation of 401(k)s. This paper attempts to sort out this "chicken and egg" issue using data from the Current Population Survey (CPS) and the 1984 through 2001 panels of the Survey of Income and Program Participation (SIPP).

Suggested Citation

  • Alicia H. Munnell & Kelly Haverstick & Geoffrey Sanzenbacher, 2006. "Job Tenure and Pension Coverage," Working Papers, Center for Retirement Research at Boston College wp2006-18, Center for Retirement Research, revised Oct 2006.
    • Handle: RePEc:crr:crrwps:wp2006-18
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    File URL: http://crr.bc.edu/working-papers/job-tenure-and-pension-coverage/
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    References listed on IDEAS

    as
    1. Alan L. Gustman & Thomas L. Steinmeier, 1989. "The Stampede Toward Defined Contribution Pension Plans: Fact or Fiction?," NBER Working Papers 3086, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Kandice Kapinos, 2012. "Changes in Firm Pension Policy: Trends Away from Traditional Defined Benefit Plans," Journal of Labor Research, Springer, vol. 33(1), pages 91-103, March.
    2. Christian E. Weller, 2011. "What Does the Literature Tell Us About the Possible Effect of Changing Retirement Benefits on Public Employee Effectiveness?," Working Papers wp270, Political Economy Research Institute, University of Massachusetts at Amherst.
    3. Kandice Kapinos, 2011. "Changes in Firm Pension Policy: Trends Away from Traditional Defined Benefit Plans," Working Papers 11-36, Center for Economic Studies, U.S. Census Bureau.

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