The article presents a method for calculating the cross-section internal rate of return on contributions to pension systems financed according to the pay-as-you-go principle. The method entails a procedure for valuing the contribution flow of pay-as-you-go financing, and identifies the complete set of factors that determine the cross-section internal rate of return. The procedure makes it possible to apply the algorithm of double-entry bookkeeping in analyzing and presenting the financial position and development of pay-as-you-go pension systems
In the new pension system in the Netherlands- according to the July 2020 agreement between social pa...
This paper provides a critical review of the pension reform strategy which turns defined benefits (D...
The paper discusses similarities and differences between NDC and the French and German point systems...
1 September 2003; 13 November 2004; 15 January 2005This article will appear in the forthcoming World...
The article presents a method for calculating the cross-section internal rate of return on contribut...
This paper has two parts. Part 1 presents the basic ideas underlying notional defined contribution (...
The introduction of Notional (non-financial) Defined Contribution (NDC) pension accounts as componen...
The paper inquires into notional defined contribution pension schemes, which retain the pay-as-you-g...
In most countries Pay-as-you-go (PAYG) is the dominant pension scheme. The conventional view is that...
Notional defined contribution (NDC) systems have strongly been being debated in the worldwide pensio...
This paper provides a critical review of the pension reform strategy which turns defined benefits (D...
In classical pension design, there are essentially two kinds of pension schemes: Defined Benefit (DB...
Age of society is increasing, so supplementary pension system is becoming more and more relevant top...
Several developed and developing countries have recently adopted a Notional Defined Contribution (ND...
In this study, an analysis of a reform option for the Tanzanian pension system was done. The current...
In the new pension system in the Netherlands- according to the July 2020 agreement between social pa...
This paper provides a critical review of the pension reform strategy which turns defined benefits (D...
The paper discusses similarities and differences between NDC and the French and German point systems...
1 September 2003; 13 November 2004; 15 January 2005This article will appear in the forthcoming World...
The article presents a method for calculating the cross-section internal rate of return on contribut...
This paper has two parts. Part 1 presents the basic ideas underlying notional defined contribution (...
The introduction of Notional (non-financial) Defined Contribution (NDC) pension accounts as componen...
The paper inquires into notional defined contribution pension schemes, which retain the pay-as-you-g...
In most countries Pay-as-you-go (PAYG) is the dominant pension scheme. The conventional view is that...
Notional defined contribution (NDC) systems have strongly been being debated in the worldwide pensio...
This paper provides a critical review of the pension reform strategy which turns defined benefits (D...
In classical pension design, there are essentially two kinds of pension schemes: Defined Benefit (DB...
Age of society is increasing, so supplementary pension system is becoming more and more relevant top...
Several developed and developing countries have recently adopted a Notional Defined Contribution (ND...
In this study, an analysis of a reform option for the Tanzanian pension system was done. The current...
In the new pension system in the Netherlands- according to the July 2020 agreement between social pa...
This paper provides a critical review of the pension reform strategy which turns defined benefits (D...
The paper discusses similarities and differences between NDC and the French and German point systems...