Download or read book The Promise of Private Pensions written by Steven A. Sass and published by Pension Research Council Book. This book was released on 1997 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Sass shows, creating the pension system proved far more complicated than anyone had anticipated. Over the last hundred years it has evolved into a complex institution driven by congressional mandates, judicial/administrative decisions, union campaigns, political debates, and the ministrations of lawyers, economists, human resource specialists, actuaries, and insurance experts.