An examination of the modern pension movements
Burton, C. Graham
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The Purpose of making this study is to gain a fuller knowledge of the modern pension movement and how it relates to today's social structure, economic forces, and political trends. The first part of the text is devoted to an examination of the forces which have brought pensions to tte significant position they hold today. The next section deals with the problems that arise in the inauguration, administration, financing, funding, and selling of a pension plan. Emphasis has been placed in the decision areas that face management, and how its decisions may affect the structure of the pension field. The remaining section describes the impact that the advent of pensions has had on the capital market, and what we may expect in the future. As a tremendous source of funds for the capital market and no indications of a slowing down of growth, the influence of the future is indeterminable, but the author has endeavored to point out where developments can be expected.
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