Sentences with phrase «pension wealth curves»

As is evident, complex pension rules lead to pension wealth curves that are irregularly shaped and bear no resemblance to the smoothly growing cumulative value of contributions.

Thus, in Figure 1, the pension wealth curve would coincide with the contributions curve depicted, for a fiscally equivalent plan, or with a lower curve if costs are to be reduced.

The push incentive in these plans can be seen in Figure 1 by the negative slope of the pension wealth curve after the peak.

Not exact matches

The heavy S - shaped curve in Figure 1 depicts pension wealth (net of employee contributions) for 25 - year - old entrants to the Missouri teaching force who work continuously until they leave teaching at various ages.

As discussed above, the heavy solid curve illustrates net pension wealth for continuous service under the DB plan, evaluated at date of separation.

The two solid curves in Figure 1 show pension wealth for a typical Missouri teacher in 1975 and today.

The bottom curve shows that under 1975 rules a teacher entering at age 25 would have accrued just under $ 400,000 in pension wealth by age 55.

The nearly vertical slope of the pension - wealth accrual curves leading up to age 50 shows the powerful «pull» incentives in these plans, which encourage educators to stay in their jobs.

Economists like Bob Costrell and Mike Podgursky have been drawing pension wealth accrual curves for several years now.

We can combine the pension wealth accrual curves discussed above with the estimated teacher retention rates.