CREMER, Helmuth; LOZACHMEUR, Jean-Marie; PESTIAU, Pierre - Center for Operations Research and Econometrics (CORE), … - 2007
In a number of countries one observes a steady decline in defined benefits pensions schemes,public or private, funded or unfunded, and a simultaneous expansion of defined contributionsplans. One of the consequences of this trend is to deprive individuals at the time of theirretirement from the...