Annuities in (N)DC Pension Schemes : Design, Heterogeneity, and Estimation Issues
This paper identifies and discusses four issues in creating annuities in (nonfinancial) defined contribution (NDC) schemes that are essential for systems’ financial stability and fair inter or intragenerational redistribution. The first issue is th...
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Language: | English |
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World Bank, Washington, DC
2019
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Online Access: | http://documents.worldbank.org/curated/en/521481556883024663/Annuities-in-N-DC-Pension-Schemes-Design-Heterogeneity-and-Estimation-Issues http://hdl.handle.net/10986/31640 |