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Pension, to most people, implies a regular payment from a specific age-such as retirement-until death. Individual … retirement accounts are a vehicle for retirement savings but they do not become a pension in the conventional sense of the word … expectancy is normally uncertain. So people would have to spend accumulated wealth slowly after retirement to ensure an adequate …
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Notional accounts are designed to mimic a defined contribution plan, where the pension depends on contributions and investment returns. (For this reason, they are sometimes called notional, defined-contribution schemes). Pension contributions are tracked in accounts which earn a rate of return....
Persistent link: https://www.econbiz.de/10012556339
The value of funded pensions can depend critically on the funds' investment performance. To try and protect people's savings, governments often regulate pension funds strictly, particularly when contributions are mandatory. For example, the new funded pension systems in Latin America and Eastern...
Persistent link: https://www.econbiz.de/10012556540
This edition of the Pension Reform Primer examines the global trend in early retirement among rich and poorer countries …, the reasons for people retiring early, the burden of early retirement on the pension system, recent policy initiatives to … between early retirement and incentives in the pension system, a result confirmed by other international studies and by more …
Persistent link: https://www.econbiz.de/10012556539
1990s transformed the landscape for retirement products in Sweden. First, banking and insurance were extensively …. It examines the performance of providers of retirement products, including the PPM, and reviews the increasing focus on …
Persistent link: https://www.econbiz.de/10010521011
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scheme should aim to provide a reasonable level of retirement income. Secondly, the benefit level must be consistent with …
Persistent link: https://www.econbiz.de/10012556307
The adequacy of retirement incomes is a central goal of all types of pension system. In defined contribution pension …
Persistent link: https://www.econbiz.de/10012556332
savings'. The note compares funded and pay-as-you-go finance of retirement incomes, highlighting the transition double burden …
Persistent link: https://www.econbiz.de/10012556337