Keywords
Pension Protection Act, defined contribution plans, retirement savings
Abstract
On August 17, 2006, President Bush signed the Pension Protection Act of 2006 (PPA) into law, following its passage by both houses of Congress in a strong showing of bipartisan support.1 This law, heralded by some as the most sweeping piece of pension reform legislation since the Employee Retirement Income and Security Act of 1974 (ERISA), contains many different pension reform provisions.2 In this paper, we focus on a subset of measures within the PPA adopted specifically to promote better savings outcomes in defined contribution savings plans.
Original Publication Citation
“Public Policy and Saving for Retirement: The ‘Autosave’ Features of the Pension Protection Act of 2006.” 2010. In John Siegfried, editor, Better Living Through Economics: How Economic Research Improves Our Lives, Cambridge, MA: Harvard University Press, pp. 274-290 (with John Beshears, James J. Choi, David Laibson and Brian Weller).
BYU ScholarsArchive Citation
Beshears, John; Choi, James; Laibson, David; Madrian, Brigitte C.; and Weller, Brian, "Public Policy and Saving for Retirement: The “Autosave” Features of the Pension Protection Act of 2006" (2010). Faculty Publications. 9056.
https://scholarsarchive.byu.edu/facpub/9056
Document Type
Peer-Reviewed Article
Publication Date
2010
Publisher
Harvard University Press
Language
English
College
Marriott School of Business
Department
Finance
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