کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5058741 | 1476637 | 2015 | 4 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
The retention effects of high years of service cliff-vesting pension plans
ترجمه فارسی عنوان
تأثیرات احتمالی سالهای بلند خدمات بازنشستگی صخره نوردی
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
چکیده انگلیسی
- We study a major reform in the Australian military's retirement plan.
- A 20-year cliff-vesting plan is substituted by a new one-year vesting plan.
- Most observed individuals choose the one-year vesting retirement plan.
- Removing the 20-year cliff-vesting considerably increases attrition rates.
We study the retention effects of the Australian military's decision to remove a 20-year cliff-vesting requirement from their retirement system in 1991. We follow to the present individuals who self-selected into and out of the 20-year cliff-vesting plan, as well as those who were forced out of the plan. Eliminating the high years of service cliff-vesting provision leads to consistently higher attrition over time.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economics Letters - Volume 126, January 2015, Pages 6-9
Journal: Economics Letters - Volume 126, January 2015, Pages 6-9
نویسندگان
Jesse M. Cunha, Amilcar A. Menichini, Adam Crockett,