1.

Record Nr.

UNINA9910460345903321

Autore

Rocha Roberto Rezende

Titolo

Annuities and other retirement products [[electronic resource] ] : designing the payout phase / / Roberto Rocha, Dimitri Vittas, Heinz P. Rudolph

Pubbl/distr/stampa

Washington, D.C., : World Bank, c2011

ISBN

1-283-01628-1

9786613016287

0-8213-8574-7

Descrizione fisica

1 online resource (376 p.)

Collana

Directions in development. Finance

Altri autori (Persone)

VittasDimitri

RudolphHeinz P

Disciplina

331.25/24

Soggetti

Pensions

Annuities

Old age pensions

Pensions - Government policy

Annuities - Government policy

Old age pensions - Government policy

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Contents; Preface; Abbreviations; Chapter 1 Introduction and Overview; Chapter 2 Designing the Payout Phase of Pension Systems: Policy Issues, Constraints, and Options; Tables; Chapter 3 The Payout Phase of Pension Systems: A Comparison of Five Countries; Figures; Chapter 4 Australia: Mandating Retirement Savings without Lifetime Annuitization; Chapter 5 Switzerland: Rigid Regulation and the Challenge of Sustainability; Chapter 6 Sweden: Promoting Personal Responsibility with a Strong Public Commitment

Chapter 7 Denmark: The Benefits of Group Contracts with Deferred Annuities and Risk-Sharing Features Chapter 8 Chile: Building a Robust Market for Fixed Real Annuities; Index

Sommario/riassunto

In the 1990's many emerging economies in Central Europe and Latin



America initiated their pension reforms. While most analysis to date has focused on the accumulation phase, there are a number of lessons to be shared as countries start to prepare the retirement options for their contributors, with this book addressing these issues from a public policy perspective.