Staff View: Guarantees - Counting the Cost of Guaranteeing Defined Contribution Pensions

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Guarantees - Counting the Cost of Guaranteeing Defined Contribution Pensions

Different types of pension involve different kinds of uncertainty. For example, public sector pension schemes involve a 'policy risk', that the scheme might be reformed in the future so that benefits turn out differently than expected. Pr...

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Bibliographic Details
Main Author:	World Bank
Language:	English
Published:	Washington, DC 2012
Subjects:	ANNUITY ASSET MANAGER BENEFIT LEVEL CAPITAL MARKETS DEFINED CONTRIBUTION PLANS DEPOSITS FINANCIAL RISK FUNDED COMPONENT FUNDED PENSIONS GOVERNMENT GUARANTEES INFLATION INFLATION RATES INSURANCE INVESTMENT PERFORMANCE INVESTMENT RETURNS LATIN AMERICAN MARKET RISK MORAL HAZARD PENSION FUND PENSION FUND MANAGERS PENSION FUNDS PENSION REFORM PENSION REFORMS PENSION SCHEMES PENSION SYSTEM PENSIONS PRICING MODELS PRIVATE PENSION PRIVATE PENSION FUNDS PROVIDENT FUNDS PUBLIC POLICY PUBLIC SCHEMES RATES REPLACEMENT RATES RESERVES RETIREMENT RETIREMENT INCOME RISK SHARING SAVINGS SOCIAL PROTECTION TRANSPARENCY
Online Access:	http://documents.worldbank.org/curated/en/2005/01/6259019/guarantees-counting-cost-guaranteeing-defined-contribution-pensions http://hdl.handle.net/10986/11239