adoption of an indexation policy which is now conditional on the solvability of the fund have been widely adopted. Pension … funds recognizing conditional inflation indexation targets are obliged to pay an additional payoff that is linked to the …. The main objective is to provide a value for the inflation indexation as embedded option. Results derive from a simulation …

This paper identifies the key factors driving indexation in turbulent economic times within defined benefit plans using … a unique panel dataset of 166 Dutch pension funds from 2007 to 2010. Key drivers of indexation are the funding ratio …, although the latter effect is nonlinear. The asset allocation has no significant effect on the level of provided indexation as …

We investigate numerically how indexation of funded pensions for inflation can be differ-entiated across the various …-fitting from a shift away from uniform indexation. Those welfare shifts result from systematicredistribution of welfare rather than …