From Crisis to Recovery - Pensions and the Crisis

 

Pension fund assets dropped from by over $5 trillion from $27 trillion during the crisis. The losses to benefits as a consequence will not affect all participants in pension funds equally, with older workers suffering most, while those in defined-benefit plans probably better off. Even before the crisis, though, there were calls to reform pensions.

 

© Richard Villalon - Fotolia.com

Chapter 5 looks at the impact on pensions: the crisis highlighted issues in both funding and benefits that population ageing and changing career patterns could aggravate.

Find out more …
To download Chapter 5 of From Crisis to Recovery, click here.

Back to the table of contents: From Crisis to Recovery