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The Transformation of the American Pension System: Was It Beneficial for Workers?


  • Edward N. Wolff

    (New York University)


The share of Americans with defined contribution pension plans now exceeds the share of those with defined benefit plans. Wolff refers to this as the "great transformation" and it leads him to examine recent evidence to see whether there are winners and losers resulting from this switch away from traditional pension plans.

Suggested Citation

  • Edward N. Wolff, 2012. "The Transformation of the American Pension System: Was It Beneficial for Workers?," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number taps, November.
  • Handle: RePEc:upj:ubooks:taps Note: PDF is the book's first chapter.

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    References listed on IDEAS

    1. Kevin Hollenbeck, 2003. "Net Impact Estimates of the Workforce Development System in Washington State," Upjohn Working Papers and Journal Articles 03-92, W.E. Upjohn Institute for Employment Research.
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    More about this item


    EMPLOYMENT and COMPENSATION; Retirement and pensions; Pensions;

    JEL classification:

    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare


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