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A Note on Benefit Security

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Abstract

A reoccurring motif in pension literature and policy is the search for “benefit security” – that is, assurance to members of a pension regime that, at the end of the working career, they will get some reasonably predictable outcome, either as a pension (benefit stream) or a lump sum. The purpose of this note is to present a simple “thought experiment” to explore this matter and how market mechanisms might be brought more to bear...

Suggested Citation

  • Oecd, 2004. "A Note on Benefit Security," Financial Market Trends, OECD Publishing, vol. 2004(1), pages 133-198.
  • Handle: RePEc:oec:dafkab:5lmqcr2jf223
    DOI: 10.1787/fmt-v2004-art5-en
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    Cited by:

    1. Andrea Herrmann, 2013. "The Quantitative Estimation of IT‐Related Risk Probabilities," Risk Analysis, John Wiley & Sons, vol. 33(8), pages 1510-1531, August.
    2. Kobsak Pootrakool & Anak Serichetpong, 2007. "Safeguarding out Nation's Nest Egg: Necessary Reforms to our Social Security System," Working Papers 2007-05, Monetary Policy Group, Bank of Thailand.

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