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Are Pensions Worth the Cost?

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  • Munnell, Alicia H.

Abstract

Takes a closer look at the tax expenditure for employer-sponsored pensions and addresses the saving issue while concluding that support for employer-sponsored pension plans should not rest on the assumption that they increase national saving. Assesses the effectiveness of pensions as a provider of supplementary retirement income.

Suggested Citation

  • Munnell, Alicia H., 1991. "Are Pensions Worth the Cost?," National Tax Journal, National Tax Association;National Tax Journal, vol. 44(3), pages 393-403, September.
    • Handle: RePEc:ntj:journl:v:44:y:1991:i:3:p:393-403
    DOI: 10.1086/NTJ41788912
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    References listed on IDEAS

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    1. Joseph B. Grolnic & Alicia H. Munnell, 1986. "Should the U.S. government issue index bonds?," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 3-21.
    2. Alicia H. Munnell & Frederick O. Yohn, 1991. "What is the impact of pensions on saving?," Working Papers 91-5, Federal Reserve Bank of Boston.
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    Cited by:

    1. Gerard Hughes, 2001. "The Cost and Distribution of Tax Expenditure on Occupational Pensions in Ireland," Papers WP139, Economic and Social Research Institute (ESRI).
    2. Geoffrey M. B. Tootell, 1996. "Can studies of application denials and mortgage defaults uncover taste-based discrimination?," Working Papers 96-10, Federal Reserve Bank of Boston.
    3. Gerard Hughes, 2002. "Private Pensions and Equity in Ireland and the U.K," Papers WP142, Economic and Social Research Institute (ESRI).
    4. Callan, Tim & van de Ven, Justin & Keane, Claire & O'Connell, Philip J., 2012. "A Framework for Pension Policy Analysis in Ireland: PENMOD, a Dynamic Simulation Model," Book Chapters, in: Callan, Tim (ed.),Analysing Pensions: Modelling and Policy Issues, pages 43-101, Economic and Social Research Institute (ESRI).
    5. Micheál L. Collins & Gerard Hughes, 2017. "Supporting Pension Contributions Through the Tax System: Outcomes, Costs and Examining Reform," The Economic and Social Review, Economic and Social Studies, vol. 48(4), pages 489-514.
    6. Callan, Tim & O'Connell, Philip J., 2012. "Analysing Pensions: Modelling and Policy Issues," Research Series, Economic and Social Research Institute (ESRI), number RS29.

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