) pensions market in relation to auto-enrollment – the new system of pension scheme provision for private sector employees in the …

for the Greatest Number") that 1,000 occupational defined benefit pension schemes are stressed as a result of having a …

Pension schemes all over the world are under increasing pressure to efficiently hedge the longevity risk posed by … ageing populations. In this work, we study an optimal investment problem for a defined contribution pension scheme which … decides to hedge the longevity risk using a mortality-linked security, typically a longevity bond. The pension scheme invests …

This work studies a stochastic optimal control problem for a pension scheme which provides an income-drawdown policy to …

effects for a real world defined benefit pension scheme. First, we estimate the tax and national insurance contribution (NIC … to members largely disappears. Any remaining subsidy drops, as a proportion of pension benefits, for high earners; as …

disability insurance within the retirement pension system. The underlying framework supporting the actuarial balance relies on a … multistate overlapping generations model that includes the so-called survivor dividend and a minimum pension benefit for both … obtained make sense and provide us with some useful values regarding the impact of introducing a minimum pension on the system …

in a substantial reduction in pension income, yet many people claim as early as possible (age 62) or soon thereafter. We …

annuitant's degree of disability, into a generic NDC retirement framework with a minimum pension benefit for both contingencies …

In this paper we consider three types of embedded options in pension benefit design.The first is the Florida second … defined contribution (DC) and defined benefit (DB) pension plans. Employees who initially join the DC plan have the option to … Obligation), which is the expected present value of the accrued DB pension at the time of the switch. If the ABO is greater than …