The present paper reviews key issues in pension design and pension reform encountered all across the world. The paper …

solvency of their defined-benefit pension plans. Will this lead to higher contributions? Will higher contributions increase … pension fund regulation? This paper develops a theoretical model to address these questions. Although its scope is more … general, the model captures the main institutional features of the pension system in the Netherlands, a country where the …

The Chinese pension system is highly fragmented and decentralized, with governance standards, pension fund management … practices, their regulation and supervision varying considerably both across the funded components of the Chinese pension system … identifies remaining weaknesses, in regard to information disclosure, the governance framework and pension fund management …

This technical note examines pensions with profit contracts in Denmark. The Danish life insurance and pension sector is … risk through derivatives, the overall risk in the pension sector still needs to be closely monitored. …

retirement income is visible in countries with mature defined benefit private pension plans, as well as in countries that have … introduced a mandatory private pillar as part of a systemic pension reform. This report seeks to develop a comparative study on … the regulation of private pension systems across a range of countries, with a particular focus on the major systems in …

This report presents an initial assessment of the financial performance of privately managed pension funds, both … comparative description of private pension funds in the 23 countries included in the report, examining the value assets under … managed pension funds, including the annual real rates of return, the annual geometric average of real returns, as well as …

private U.S. defined benefit (DB) pension plans. Using detailed actuarial and financial information provided by the U ….S. Department of Labor, we construct a longevity variable for each pension plan and then measure the impact of varying life … expectancy assumptions across plans and over time on pension plan liabilities. The results indicate that each additional year of …