While there have been numerous studies illustrating the rather low level of financial knowledge of Americans, there have been only a few efforts to examine the effectiveness of employer-provided programs in enhancing financial literacy and the ability of these programs to modify worker...

The income of married couples in which the husband is an immigrant aged 50 and older is compared to that of native- born Germans for the period 1995 to 1997. Immigrants are divided into households that arrived in Germany before and after 1984. Using Samples A, B, and D of the GSOEP, the income...

To help workers navigate the transition from work to retirement more effectively, employers have been launching phased retirement programs, which allow older employees to work part-time and receive full retirement benefits. This paper examines the experience of the phased retirement system for...

For the past three decades, there has been a significant movement away from defined benefit pension plans in the private sector toward greater use of defined contribution plans, especially 401(k) plans. In contrast, retirement plans in the public sector remain primarily defined benefit plans....