Asset allocation: issues at retirement
Article Abstract:
Employees need to make retirement asset allocation decisions when joining pension plans and at retirement. At retirement, particularly, most employees are asked to choose a distribution option. Retirement plan participants face the asset allocation problem of maximizing the number of sure payments that can be obtained from the account. They should allocate their account balances by buying an annuity, choosing the 'safest' option or taking a lump sum or rollover. Allocation parameters that must be considered are safety of payout, maximizing account life and effect of inflation.
Publication Name: Benefits Quarterly
Subject: Human resources and labor relations
ISSN: 8756-1263
Year: 1996
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The global outlook for defined contribution versus defined benefit pension plans
Article Abstract:
The use of defined contribution pension plans and defined benefit plans in different countries vary due to differences between the two. Benefits in defined benefit plans are usually based on years of service or a percentage of annual income. On the other hand, defined contribution plans are based on accumulated contributions plus interest income. Survey results show the increasing popularity of defined contribution plans, particularly in Europe and the Americas.
Publication Name: Benefits Quarterly
Subject: Human resources and labor relations
ISSN: 8756-1263
Year: 1996
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The impact of primary pension trends on retirement income
Article Abstract:
An overview is presented of the impact which is made by primary pension funds on income after retirement. Particular focus is placed on the shift in private pension plans towards defined contribution plans, in the period from 1985 to 1993.
Publication Name: Benefits Quarterly
Subject: Human resources and labor relations
ISSN: 8756-1263
Year: 2000
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- Abstracts: A new way of looking at the risk in defined benefit pension plans
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