Title
Fundamentals Of Private Pensions
Sold by Ergodebooks, an authorized reseller.
Returns accepted within 30 days | support@ergodebooks.com
Shipping Information
- Free Standard Shipping — United States only
- Processing Time: 1–3 business days
- Estimated Delivery: 3–5 business days after dispatch
- Double-boxed, fully insured & discreetly packaged
- Tracking number sent via email once dispatched
- Orders over $250 require signature upon delivery. Taxes calculated at checkout.
Returns & Refund
Returns accepted within 30 days of delivery.
Damaged or Defective Item
Free return shipping + replacement or full refund
Wrong Item Received
Free return shipping + replacement or full refund
Change of Mind
Return shipping at customer's expense · 25% restocking fee applies
Payment Option
For more than five decades, Fundamentals of Private Pensions has been the most authoritative text and reference book on retirement plans in the United States. The ninth edition is completely updated and reflects recent developments in retirement plans including the passage of the US Pension Protection Act of 2006 (PPA), the widespread shift toward hybrid and defined contribution plans, and a burgeoning economics and finance research literature on retirement and retirement plans. The volume is organized into eight main sections so the reader may use the volume as a text, a research tool, or a general reference.Section I (Chapter 1) introduces the historical evolution of the pension movement and the underlying forces that shaped its progress. Section II (Chapters 2 and 3) explains how employerprovided pensions fit into the patchwork of the U.S. retirement income security system, especially Social Security. The section also includes a discussion of the economics of tax incentives and their effect on retirement plan offerings and the structure of the benefits provided. Section III (Chapters 4 through 9) lays out the economic role of retirement planstheir design, workforce incentives, plan finances, production of adequate retirement income, possibilities for phased retirement, and the risk of outliving pension assets. Section IV (Chapters 10 through 13) examines the various forms of defined benefit and defined contribution plans, including hybrid plans, in terms of their structure, requirements, and operations. Section V (Chapters 14 through 20) lays out the regulatory environment in which plans operate; this extensive material has been especially updated to reflect PPA, and the reams of associated guidance and implementing regulations. Section VI (Chapters 21 through 25) explores the funding and accounting rules under which private defined benefit plans operate; this section also reflects the new PPA rules. The penultimate section (Chapters 26 through 28) includes a complete revamping of chapters on risk management and investments applicable to retirement plans. The section describes modern portfolio theory and its broad implications for retirement investing, and in two separate chapters, specific implications for defined benefit and defined contribution plans. The final section (Chapter 29) concludes the text with a discussion of the future of retirement plans in the United States and around the worlda particularly timely subject in light of the extreme financial volatility experienced in 2008 and the pending retirement of the baby boom generation.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: How many pages does 'Fundamentals of Private Pensions' have? A: This book has eight hundred eighteen pages. It provides comprehensive coverage of retirement plans in the United States.
- Q: What is the binding type of this book? A: The binding type is hardcover. This ensures durability and longevity for frequent use as a reference.
- Q: What are the dimensions of 'Fundamentals of Private Pensions'? A: The dimensions are nine point eight inches by seven point seventy-two inches by two point zero one inches. These measurements make it a substantial reference work.
- Q: Is 'Fundamentals of Private Pensions' suitable for beginners? A: Yes, it is suitable for beginners and experienced readers. The organization into sections makes it accessible for various levels of expertise.
- Q: Who is the author of 'Fundamentals of Private Pensions'? A: The author is the Pension Research Council. Their expertise enhances the credibility of the content.
- Q: Can I use this book for academic research? A: Yes, it is an excellent resource for academic research. It serves as a comprehensive reference on retirement plans.
- Q: How should I care for 'Fundamentals of Private Pensions'? A: Keep it in a dry, cool place to avoid damage. Handle it carefully to preserve its hardcover binding.
- Q: Is this book safe for children? A: No, this book is not intended for children. It discusses complex financial concepts suitable for adults.
- Q: What is the recommended storage for this book? A: Store it upright on a shelf or in a bookcase. This helps maintain its shape and prevents bending or damage.
- Q: What if my copy of 'Fundamentals of Private Pensions' arrives damaged? A: You should contact the seller for a return or replacement. Most sellers have return policies for damaged items.
- Q: Does this book cover the impact of the Pension Protection Act of 2006? A: Yes, it includes updated information on the Pension Protection Act of 2006. This is crucial for understanding current retirement plan regulations.
- Q: Is there a glossary in 'Fundamentals of Private Pensions'? A: No, there is no specific glossary. However, key terms are explained throughout the text.
- Q: Are there tables or illustrations in the book? A: Yes, the book includes numerous tables and illustrations. These help clarify complex concepts related to retirement plans.
- Q: Can this book help me understand defined contribution plans? A: Yes, it provides detailed information on defined contribution plans. This includes their structure and operational requirements.
- Q: Is 'Fundamentals of Private Pensions' up-to-date? A: Yes, the ninth edition is fully updated. It reflects the latest developments in retirement planning.
- Q: What is the primary focus of 'Fundamentals of Private Pensions'? A: The primary focus is on retirement plans in the United States. It covers historical, economic, and regulatory aspects.