Longevity insurance benefits are deferred annuities that start payment at an advanced age at which a substantial proportion of the birth cohort has died. In high-income countries, that would mean that these annuities would start for people in their early 80s, but when social security programs...

In einer Volkswirtschaft mit einer stark alternden Bevölkerung bedarf es ergänzender Formen der Finanzierung und Risikoverteilung zur Diversifikation demographischer Risiken. Das Ziel der Arbeit ist, Lösungsalternativen für ein nachhaltiges Altersvorsorgemodell in Transformationsökonomien...

This article proposes a notional defined contribution (NDC) mechanism to ensure pension mobility for the 150 million migrating workers in China during both the accumulation and drawdown phases. Planned governance would ensure independence from the three existing pension systems. An appropriately...