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This Article explains how to create “survivor funds” — short-term investment funds that would pay more to those investors who live until the end of the fund's term than to those who die before then. For example, instead of just investing in a 10-year bond and dividing the proceeds among...
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Recent macroeconomic and demographic trends have resulted in new challenges for pension systems. One of these … challenges is to create a sustainable pension system while simultaneously providing adequate pension benefits for current and … future pensioners. This research explores how similar are pension systems of eleven European Union countries by using …
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In many European countries, there is a substantial gender pension gap. Yet, these gaps vary strongly across countries … pension gaps. The findings show that the gender pension gap tends to be larger in countries with larger gender … relationship between pension gaps and the characteristics of pension systems that were examined. The findings emphasize that gender …
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The majority of economies in the European Union are experiencing problems with the sustainability of pension systems … that are primarily caused by unfavorable demographic trends and inadequate structure of the pension systems. This research … restructuring of pension systems, which included adaptations in the transition to a market economy and the establishment of a multi …
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