Publications

September 4, 2012
Article

The Underfunding of Corporate Pension Plans

By: Robert C. Pozen

September 1997 (Revised October 1997)
Case

French Pension System, The: On the Verge of Retirement?

By: David A. Moss, Anne Dias and Bertrand O. Stephann

Surveys the French pension system, its particular institutional characteristics, and some of the critical challenges and opportunities facing French reformers. Like almost every other industrialized country, France has a large pay-as-you-go public pension system that... View Details

Keywords: Retirement; Compensation and Benefits; Capital Markets; Economic Growth; Labor; Problems and Challenges; Opportunities; Welfare; Investment; Governing Rules, Regulations, and Reforms; Public Administration Industry; France

2010
Chapter

Pension Fund Design in Developing Economies

By: Luis M. Viceira

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November 2002
Article

Pension Equity Charges: A New Concern

By: David F. Hawkins

Keywords: Compensation and Benefits; Equity; Change

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August 2018
Article

Pension Policy and the Financial System

By: David S. Scharfstein

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winter 2006
Article

Allocating Shareholder Capital to Pension Plans

By: Robert C. Merton

Keywords: Capital; Resource Allocation; Business and Shareholder Relations; Compensation and Benefits

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September 2005 (Revised July 2006)
Case

Accounting for Pensions and Employee Benefits at Ford and Toyota

Uses Ford's and Toyota's financial statements to familiarize students with the information provided in pension footnotes. Allows students to combine that information with other financial statement information to create a greater understanding of the costs of each... View Details

Keywords: Accounting; Compensation and Benefits; Auto Industry

April 1980 (Revised August 1980)
Case

National Instrument Company Pension Fund (A)

By: Jay O. Light

Keywords: Finance

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April 1999
Case

French Pension System, The: On The Verge Of Retirement? (Abridged)

By: David A. Moss

Surveys the French pension system, its particular institutional characteristics, and some of the critical challenges and opportunities facing French reformers. Like almost every other industrialized country, France has a large pay-as-you-go public pension system that... View Details

Keywords: Retirement; Governing Rules, Regulations, and Reforms; Policy; Economic Growth; Economics; Capital Markets; Wages; Public Administration Industry; France

February 2014 (Revised November 2015)
Case

APG Group: Managing Pensions for the Future

By: Luis M. Viceira and Elena Corsi

29 Mar 2022
News

Private Equity’s Opaque Costs Mystify the Pensions That Pay Them

22 Jun 2014
News

Pension Funds Urged to Publish Climate Risks

29 Nov 2014
HBS Conference

Challenges and Opportunities for Public Pension Funds

1 PM – 2 PM EDT, 17 Sep 2015
Webinars: Trending@HBS

Risk of Unfunded Public Pension Fund and Health Care Benefits in the US

Detroit is the canary in the coal mine on the issue of unfunded pension and health care liabilities. Had the city not declared bankruptcy, it was projected that 67% of every incremental revenue dollar would have been allocated to these legacy benefits by 2017. Yet even... View Details

June 2007 (Revised January 2008)
Background Note

The U.S. Retirement Savings Market and the Pension Protection Act of 2006

By: Luis M. Viceira and Helen Tung

Provides an overview of the evolution of the private retirement savings market in the U.S. since 1990; the management and administration of defined-contribution (DC) plans; the existing evidence about the investment and savings decisions of participants in DC plans;... View Details

Keywords: Investment; Personal Finance; Saving; Government Legislation; Retirement; Business and Government Relations; Financial Services Industry; United States