PRC Book
The Promise of Private Pensions
Steven A. Sass
Why do profit-seeking companies pay retirement benefits to those no longer on
the job? In this new institutional history, the author explores the rise and
growth of the financial support system that commands trillions of dollars of
investment capital and supports millions of older Americans.
1997 · Harvard University Press · ISBN 0-674-94520-4
Pension Research Council
The Wharton School of the University of Pennsylvania
3620 Locust Walk, 3000 Steinberg Hall–Dietrich Hall
Philadelphia, PA 19104-6302
Tel: 215.898.7620 | Fax: 215.573.3418 | prc@wharton.upenn.edu
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