Interaction of defined benefit pension plans and social security
نویسندگان
چکیده
منابع مشابه
Why Do Firms Offer Risky Defined Benefit Pension Plans?
Even risky pension sponsors could offer essentially riskless pension promises by contributing a sufficient level of resources to their pension trust funds and by investing those resources in fixed-income securities designed to deliver their payoffs just as pension obligations are coming due. However, almost no firm has chosen to fund its plan in this manner. We study the optimal funding choice ...
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ince 2000, the funding adequacy of defined-benefit (DB) pension plans in Canada and in other industrial economies has deteriorated, largely reflecting financial market developments that have adversely affected both pension fund assets and liabilities. Unfunded pension obligations can affect the financial position of the sponsoring corporation or government entity, representing a potential drain...
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ژورنال
عنوان ژورنال: Pensions: An International Journal
سال: 2008
ISSN: 1750-208X
DOI: 10.1057/pm.2008.6