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Retirement Guarantees in Mandatory Defined Contribution Systems
Jan Walliser via the Pension Research Council 
Oct. 24, 2002 Excerpt: Most public pension systems ... include guarantees for retirement income ... with the two polar cases being the universal pension (such as in the United Kingdom and Argentina) and the topping-up to a minimum pension level (such as in Germany and Chile).... [This] paper will draw conclusions as to whether these guarantees are an effective instrument to protect against low retirement income and evaluate advantages and disadvantages of different designs. [WP2002-20] MORE >> |
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