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The decumulation (payout) phase of defined contribution (DC) pillars : policy issues in the provision of annuities and other benefits

Author: Estelle James; Dimitri Vittas; World Bank. Development Research Group. Finance.
Publisher: Washington, DC : World Bank, Development Research Group, Finance, [2000]
Series: Policy research working papers, 2464.
Edition/Format:   Print book : International government publication : EnglishView all editions and formats
Summary:
The provision of annuities and other benefits during the decumulation phase of defined contribution (DC) pension plans raises major policy issues. Because private markets for annuities and disability benefits are not well developed even in the most advanced OECD countries, the resolution of these issues is likely to be a gradual process, with both countries and markets learning through experience.
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Material Type: Government publication, International government publication, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Estelle James; Dimitri Vittas; World Bank. Development Research Group. Finance.
OCLC Number: 46418503
Notes: "October 2000"--Cover.
Description: 28 pages ; 28 cm.
Series Title: Policy research working papers, 2464.
Responsibility: Estelle James and Dimitri Vittas.

Abstract:

The provision of annuities and other benefits during the decumulation phase of defined contribution (DC) pension plans raises major policy issues. Because private markets for annuities and disability benefits are not well developed even in the most advanced OECD countries, the resolution of these issues is likely to be a gradual process, with both countries and markets learning through experience.

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