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 the new system. Policymakers place a priority on the new accumulation system being administratively efficient, and well regulated. But the decumulation phase must also be well organized, and efficient. The...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2000/10/31
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Рабочий документ в рамках исследования вопросов политики
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WPS2464
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1
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1
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2010/07/01
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The decumulation (payout) phase of defined contribution pillars - policy issues in the provision of annuities and other benefits
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insurance companies
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