A Note on Benefit Security
A reoccurring motif in pension literature and policy is the search for “benefit security” – that is, assurance to members of a pension regime that, at the end of the working career, they will get some reasonably predictable outcome, either as a pension (benefit stream) or a lump sum. The purpose of this note is to present a simple “thought experiment” to explore this matter and how market mechanisms might be brought more to bear...
Year of publication: |
2004
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Institutions: | OECD |
Published in: |
Financial Market Trends. - Organisation de Coopération et de Développement Économiques (OCDE), ISSN 1609-6886. - Vol. 2004.2004, 1, p. 133-198
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Publisher: |
Organisation de Coopération et de Développement Économiques (OCDE) |
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