Costs and Benefits of Collective Pension Systems

• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Άλλοι συγγραφείς: Steenbeek, Onno (Επιμελητής έκδοσης), Lecq, Fieke van der (Επιμελητής έκδοσης)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Berlin, Heidelberg : Springer Berlin Heidelberg, 2007.
• Θέματα: Finance.; Economic policy.; Population.; Aging.; Economics.; Economic Policy.; Finance, general.; Population Economics.

The Dutch pension system is often praised as one of the best in the world: it is efficient, it provides certainty to participants and it preserves cohesion and solidarity among workers and pensioners. This book presents these benefits in detail, supported by quantitative evidence. It also discusses...

Πίνακας περιεχομένων:

• The concept of solidarity
• Solidarities in collective pension schemes
• Solidarity: who cares?
• Quantifying solidarity
• Operating costs of pension schemes
• Optimal risk-sharing in private and collective pension contracts
• Intergenerational value transfers within an industry-wide pension fund —a value-based ALM analysis
• Intergenerational solidarity in the uniform contribution and accrual system
• Everyone gains, but some more than others
• Mandatory participation
• Why mandatory retirement saving?
• Mandatory participation for companies
• Conclusion
• Macroeconomic aspects of intergenerational solidarity
• Summary and conclusions.