When Workers Call the Shots: Can They Achieve Retirement Security provides a
comprehensive overview of the issues surrounding the decision making process involved in
participant-directed salary reduction plans, efforts to educate workers for this task, and
the public policy implications for savings and retirement income security.
The book discusses the current status of employment-based salary reduction retirement
plans; the meaning of today's employment relationship in terms of individual
responsibility; demographic and other factors involved in companies' savings educational
programs; methods of asset allocation; employer's methods of communicating educational
material; the perspective of the Securities and Exchange Commission and the Department of
Labor on this issue; and models of current participant education programs.