The Decumulation (Payout) Phase of Defined Contribution Pillars : Policy Issues in the Provision of Annuities and Other Benefits

The Decumulation (Payout) Phase of Defined Contribution Pillars : Policy Issues in the Provision of Annuities and Other Benefits

Most countries reforming their pension system, focus more on the accumulation phase, than on the decumulation (pay-out), because the number of beneficiaries is likely to be small initially, especially if older workers are discouraged from joining t...

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Bibliographic Details
Main Authors: James, Estelle, Vittas, Dimitri
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
AFFILIATED COMPANIES
AGENTS
ANNUITIES
ANNUITIES MARKETS
ANNUITY
BENEFICIARIES
BONDS
CONSUMERS
CONTRIBUTION RATES
CROSS SUBSIDIZATION
DEFERRED ANNUITIES
DEFINED BENEFIT PLANS
DISABILITY INSURANCE
DISABILITY PENSIONS
DISCOUNT RATES
DISCOUNTED PRESENT VALUE
EMPLOYMENT
FINANCIAL INSTRUMENTS
FRAUD
GAMBLING
GROUP INSURANCE
GUARANTEED PERIOD
HOUSING
INCOME ELASTICITY
INCOME GROUPS
INDIVIDUAL ACCOUNTS
INFLATION
INSURANCE COMPANIES
INSURANCE COMPANY
INSURANCE INDUSTRY
INSURANCE MARKETS
INSURANCE PREMIUMS
INTEREST RATES
INVESTMENT PERFORMANCE
INVESTMENT RETURNS
INVESTMENT RISK
LIFE ANNUITIES
LIFE ANNUITY
LIFE EXPECTANCY
LIFE INSURANCE
LONGEVITY INSURANCE
LONGEVITY RISK
LUMP SUM WITHDRAWALS
MANDATORY RETIREMENT
MORAL HAZARD
MORAL HAZARD PROBLEM
MORTALITY TABLES
NORMAL RETIREMENT AGE
OCCUPATIONAL PENSION PLANS
OCCUPATIONAL PENSIONS
OLD AGE BENEFITS
PENSION COVERAGE
PENSION FUND
PENSION FUND MANAGEMENT
PENSION FUNDS
PENSION PLANS
PENSION REFORM
PENSION RIGHTS
PENSION SCHEMES
PENSION SYSTEM
PENSION SYSTEMS
PENSIONS
PREMIUMS
PRIVATE PENSION
PRIVATE PILLAR
PRIVATE PILLARS
PROGRAMS
PROVIDENT FUNDS
PUBLIC AGENCIES
PUBLIC PILLAR
PUBLIC POLICIES
PUBLIC SYSTEM
RESERVES
RETAIL MARKET
RETIREMENT
RETIREMENT BENEFITS
RETIREMENT SAVINGS
RISK CATEGORIES
SAVING PLANS
SAVINGS PLANS
SCHEDULED WITHDRAWALS
SECURITIES
SOCIAL POLICY
SOCIAL SECURITY
SURVIVOR BENEFITS
SURVIVOR PENSIONS
SURVIVORS BENEFITS
SURVIVORS INSURANCE
TAX RULES
THRIFT SAVINGS PLAN
UNEMPLOYMENT BENEFITS
UNEMPLOYMENT INSURANCE
VARIABLE ANNUITIES
VOLUNTARY ANNUITY MARKETS
WAGES
Online Access:http://documents.worldbank.org/curated/en/2000/10/692857/decumulation-payout-phase-defined-contribution-pillars-policy-issues-provision-annuities-other-benefits
http://hdl.handle.net/10986/19781

Internet

http://documents.worldbank.org/curated/en/2000/10/692857/decumulation-payout-phase-defined-contribution-pillars-policy-issues-provision-annuities-other-benefits
http://hdl.handle.net/10986/19781

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