Mackenzie, George A. (Sandy); Forman, Jonathan Barry - 2021
Employer-sponsored pensions, the second tier of the United States retirement system, ought to be a major source of … lifetime income in retirement for many, if not most, Americans. However, while employer-sponsored pensions are mandatory or … quasimandatory in many countries, they are voluntary in the United States. That is, employers are not required to offer pensions, and …