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Retirement in a Defined Contribution Era: Making the Money Last

56 Pages Posted: 9 Jun 2010  

David A. Pratt

Albany Law School

Date Written: 2008

Abstract

As a result of federal legislation enacted in 2001, there is now almost total portability of assets between all types of defined contribution plans. Therefore, the main focus of attention is to increase the number of employees who are covered by a defined contribution plan, to increase account balances, particularly for middle and low income employees, and to reduce the amount of pre-retirement leakage from the retirement system.

This article addresses these issues and explains why they present problems. Additionally, the article proposes new ideas for policy makers to consider.

Keywords: retirement, contribution plans

Suggested Citation

Pratt, David A., Retirement in a Defined Contribution Era: Making the Money Last (2008). John Marshall Law Review, Vol. 41, No. 4, 2008. Available at SSRN: https://ssrn.com/abstract=1622368

David A. Pratt (Contact Author)

Albany Law School ( email )

80 New Scotland Avenue
Albany, NY 12208
United States
518-472-5870 (Phone)

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