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 …

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 …

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 …

We reconsider the problem of indexation of public pensions, emphasizing that similar contribution paths should imply …

value of benefits can often be neglected, especially under indexation to prices. At high and accelerating …, proportional indexation of benefits in progress devalues the lowest benefits, paying for above-the-average consumption share of …

indexation scheme involves a choice between a low initial benefit with an increasing profile and a high initial benefit with a … indexation affects the trade-off between insurance and distribution when groups with different mortality are separated or pooled …

This note shows that full price indexation is not optimal in the long-run in the New Keynesian model. Moreover, we show … that more price stickiness may increase steady state welfare, if price indexation is partial. …