The Decumulation (Payout) Phase of Defined Contribution Pillars : Policy Issues in the Provision of Annuities and Other Benefits

Most countries reforming their pension system, focus more on the accumulation phase, than on the decumulation (pay-out), because the number of beneficiaries is likely to be small initially, especially if older workers are discouraged from joining t...

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Bibliographic Details
Main Authors: James, Estelle, Vittas, Dimitri
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2000/10/692857/decumulation-payout-phase-defined-contribution-pillars-policy-issues-provision-annuities-other-benefits
http://hdl.handle.net/10986/19781