dc.creator |
Rocha, Roberto |
|
dc.creator |
Vittas, Dimitri |
|
dc.creator |
Rudolph, Heinz P. |
|
dc.date |
2012-03-19T18:39:36Z |
|
dc.date |
2012-03-19T18:39:36Z |
|
dc.date |
2010-04-01 |
|
dc.date.accessioned |
2023-02-17T21:03:20Z |
|
dc.date.available |
2023-02-17T21:03:20Z |
|
dc.identifier |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100429154401 |
|
dc.identifier |
http://hdl.handle.net/10986/3775 |
|
dc.identifier.uri |
http://localhost:8080/xmlui/handle/CUHPOERS/244739 |
|
dc.description |
This paper provides a comparative
summary of the payout phase of pension systems in five
countries -- Australia, Chile, Denmark, Sweden, and
Switzerland. All five countries have large pension systems
with mandatory or quasi-mandatory retirement savings
schemes. But they exhibit important differences in the
structure and role of different pillars, regulation of
payout options, level of annuitization, market structure,
capital regulations, risk management, and use of risk
sharing arrangements. The paper summarizes the experience of
these countries and highlights the lessons they offer to
other countries. |
|
dc.language |
English |
|
dc.relation |
Policy Research working paper ; no. WPS 5288 |
|
dc.rights |
CC BY 3.0 IGO |
|
dc.rights |
http://creativecommons.org/licenses/by/3.0/igo/ |
|
dc.rights |
World Bank |
|
dc.subject |
ACCESS TO FUNDS |
|
dc.subject |
ACCOUNT HOLDER |
|
dc.subject |
ACCUMULATED SAVINGS |
|
dc.subject |
ADVERSE SELECTION |
|
dc.subject |
ANNUITY |
|
dc.subject |
ANNUITY CONVERSION |
|
dc.subject |
ANNUITY CONVERSION FACTOR |
|
dc.subject |
ANNUITY CONVERSION FACTORS |
|
dc.subject |
ANNUITY MARKET |
|
dc.subject |
ANNUITY OPTION |
|
dc.subject |
ANNUITY OPTIONS |
|
dc.subject |
ANNUITY PAYMENTS |
|
dc.subject |
ANNUITY PROVIDERS |
|
dc.subject |
ANNUITY PROVISION |
|
dc.subject |
ASSET MANAGEMENT |
|
dc.subject |
ASSET MANAGERS |
|
dc.subject |
AUCTION |
|
dc.subject |
AVERAGE BENEFIT |
|
dc.subject |
BASIC BENEFITS |
|
dc.subject |
BASIC PENSION |
|
dc.subject |
BENEFICIARIES |
|
dc.subject |
BENEFICIARY |
|
dc.subject |
BENEFIT PAYMENTS |
|
dc.subject |
BEQUEST |
|
dc.subject |
BEQUESTS |
|
dc.subject |
BOND RATE |
|
dc.subject |
BOND RATES |
|
dc.subject |
BOND YIELD CURVE |
|
dc.subject |
BONDS |
|
dc.subject |
BROKER |
|
dc.subject |
BROKERS |
|
dc.subject |
CAPITAL MARKETS DEVELOPMENT |
|
dc.subject |
CAPITAL REQUIREMENTS |
|
dc.subject |
COMPANY PENSIONS |
|
dc.subject |
CONTRIBUTION PERIOD |
|
dc.subject |
CONTRIBUTION RATE |
|
dc.subject |
CONTRIBUTION RATES |
|
dc.subject |
CONTRIBUTION RECORD |
|
dc.subject |
CONTRIBUTION RECORDS |
|
dc.subject |
CORPORATE BOND |
|
dc.subject |
CORPORATE BOND MARKET |
|
dc.subject |
CORPORATE BONDS |
|
dc.subject |
DECENTRALIZATION |
|
dc.subject |
DEFERRED ANNUITIES |
|
dc.subject |
DEFINED BENEFIT |
|
dc.subject |
DEFINED BENEFIT PLANS |
|
dc.subject |
DEFINED-CONTRIBUTION PENSION |
|
dc.subject |
DEMOGRAPHIC |
|
dc.subject |
DEVELOPING COUNTRIES |
|
dc.subject |
DISCOUNT RATES |
|
dc.subject |
EQUITIES |
|
dc.subject |
EXPOSURE |
|
dc.subject |
FAIR PRICES |
|
dc.subject |
FINANCIAL INSTITUTIONS |
|
dc.subject |
FINANCIAL MANAGEMENT |
|
dc.subject |
FIXED ANNUITY |
|
dc.subject |
FOREIGN CURRENCY |
|
dc.subject |
FUNDED COMPONENT |
|
dc.subject |
FUNDED SCHEMES |
|
dc.subject |
GLOBAL CAPITAL |
|
dc.subject |
GLOBAL CAPITAL MARKETS |
|
dc.subject |
GOVERNMENT BOND |
|
dc.subject |
GOVERNMENT BOND YIELD |
|
dc.subject |
GOVERNMENT BONDS |
|
dc.subject |
GOVERNMENT REGULATION |
|
dc.subject |
GOVERNMENT REGULATIONS |
|
dc.subject |
GUARANTEED BENEFITS |
|
dc.subject |
GUARANTEED PERIOD |
|
dc.subject |
GUARANTEED PERIODS |
|
dc.subject |
GUARANTEED RATE |
|
dc.subject |
GUARANTEED RATES |
|
dc.subject |
HEALTH SYSTEMS |
|
dc.subject |
INCOME STREAMS |
|
dc.subject |
INCOMES |
|
dc.subject |
INDEXED ANNUITIES |
|
dc.subject |
INDIVIDUAL ACCOUNTS |
|
dc.subject |
INDIVIDUAL PENSIONERS |
|
dc.subject |
INFLATION |
|
dc.subject |
INSURANCE COMPANIES |
|
dc.subject |
INSURANCE PREMIUMS |
|
dc.subject |
INTEREST RATE |
|
dc.subject |
INTEREST RATES |
|
dc.subject |
INTERNATIONAL BANK |
|
dc.subject |
INVESTING |
|
dc.subject |
INVESTMENT FUNDS |
|
dc.subject |
INVESTMENT PERFORMANCE |
|
dc.subject |
INVESTMENT REGULATIONS |
|
dc.subject |
INVESTMENT RETURN |
|
dc.subject |
INVESTMENT RETURNS |
|
dc.subject |
INVESTMENT RISK |
|
dc.subject |
INVESTMENT RISKS |
|
dc.subject |
LABOR MARKET |
|
dc.subject |
LEVIES |
|
dc.subject |
LIABILITY |
|
dc.subject |
LIFE ANNUITIES |
|
dc.subject |
LIFE ANNUITY |
|
dc.subject |
LIFE EXPECTANCY |
|
dc.subject |
LIFE INSURANCE |
|
dc.subject |
LIFE INSURANCE COMPANIES |
|
dc.subject |
LIFE INSURERS |
|
dc.subject |
LOCAL GOVERNMENT |
|
dc.subject |
LONGEVITY INSURANCE |
|
dc.subject |
LONGEVITY RISK |
|
dc.subject |
LONGEVITY RISKS |
|
dc.subject |
MANDATORY PILLAR |
|
dc.subject |
MANDATORY RETIREMENT |
|
dc.subject |
MANDATORY SYSTEM |
|
dc.subject |
MARKET DEVELOPMENT |
|
dc.subject |
MARKET RETURNS |
|
dc.subject |
MARKET STRUCTURE |
|
dc.subject |
MATURITY |
|
dc.subject |
MEANS-TESTED SUPPLEMENT |
|
dc.subject |
MINIMUM BENEFITS |
|
dc.subject |
MORTALITY |
|
dc.subject |
NATIONAL PENSION |
|
dc.subject |
NORMAL RETIREMENT AGE |
|
dc.subject |
OCCUPATIONAL PENSION PLANS |
|
dc.subject |
OCCUPATIONAL SCHEMES |
|
dc.subject |
OPEN MARKET |
|
dc.subject |
PENSION |
|
dc.subject |
PENSION BENEFIT |
|
dc.subject |
PENSION BENEFITS |
|
dc.subject |
PENSION COMPANIES |
|
dc.subject |
PENSION FACTOR |
|
dc.subject |
PENSION FOUNDATIONS |
|
dc.subject |
PENSION FUND |
|
dc.subject |
PENSION FUND ADMINISTRATOR |
|
dc.subject |
PENSION FUND ADMINISTRATORS |
|
dc.subject |
PENSION FUND ASSETS |
|
dc.subject |
PENSION FUND MANAGERS |
|
dc.subject |
PENSION FUNDS |
|
dc.subject |
PENSION INCOME |
|
dc.subject |
PENSION LAW |
|
dc.subject |
PENSION PAYMENTS |
|
dc.subject |
PENSION PLAN |
|
dc.subject |
PENSION PLANS |
|
dc.subject |
PENSION REFORM |
|
dc.subject |
PENSION REFORMS |
|
dc.subject |
PENSION SCHEME |
|
dc.subject |
PENSION SCHEMES |
|
dc.subject |
PENSION SYSTEM |
|
dc.subject |
PENSION SYSTEMS |
|
dc.subject |
PENSIONERS |
|
dc.subject |
PENSIONS |
|
dc.subject |
PERFORMANCE DATA |
|
dc.subject |
PERSONAL DATA |
|
dc.subject |
PERSONAL PENSION |
|
dc.subject |
PERSONAL PENSION PLANS |
|
dc.subject |
PILLAR BENEFIT |
|
dc.subject |
PILLAR BENEFITS |
|
dc.subject |
PORTFOLIO |
|
dc.subject |
PORTFOLIOS |
|
dc.subject |
PRICE CONTROLS |
|
dc.subject |
PRIVATE PENSION |
|
dc.subject |
PRIVATE PENSION FUNDS |
|
dc.subject |
PRIVATE PENSION SYSTEMS |
|
dc.subject |
PRIVATE PILLAR |
|
dc.subject |
PRIVATE PILLARS |
|
dc.subject |
PRIVATE SECTOR DEVELOPMENT |
|
dc.subject |
PROFIT MARGINS |
|
dc.subject |
PRUDENTIAL REGULATION |
|
dc.subject |
PRUDENTIAL REGULATIONS |
|
dc.subject |
PUBLIC FUND |
|
dc.subject |
PUBLIC PENSION |
|
dc.subject |
PUBLIC PENSIONS |
|
dc.subject |
PUBLIC PILLAR |
|
dc.subject |
PUBLIC PILLARS |
|
dc.subject |
PUBLIC SCHEME |
|
dc.subject |
PUBLIC SCHEMES |
|
dc.subject |
QUOTATION SYSTEM |
|
dc.subject |
RATE OF GROWTH |
|
dc.subject |
RATE OF RETURN |
|
dc.subject |
RATES OF INTEREST |
|
dc.subject |
RATES OF RETURN |
|
dc.subject |
REGULATORY FRAMEWORK |
|
dc.subject |
REPLACEMENT RATE |
|
dc.subject |
REPLACEMENT RATES |
|
dc.subject |
RESERVES |
|
dc.subject |
RETAIL FUNDS |
|
dc.subject |
RETIREE |
|
dc.subject |
RETIREES |
|
dc.subject |
RETIREMENT ACCOUNTS |
|
dc.subject |
RETIREMENT ASSETS |
|
dc.subject |
RETIREMENT DECISION |
|
dc.subject |
RETIREMENT INCOME |
|
dc.subject |
RETIREMENT PRODUCTS |
|
dc.subject |
RETIREMENT SAVINGS |
|
dc.subject |
RETIREMENT SYSTEMS |
|
dc.subject |
RETIRING WORKERS |
|
dc.subject |
RISK AVERSION |
|
dc.subject |
RISK MANAGEMENT |
|
dc.subject |
RISK POOLING |
|
dc.subject |
RISK PREMIUMS |
|
dc.subject |
RISK SHARING |
|
dc.subject |
RISK-FREE RATE |
|
dc.subject |
SAVINGS SCHEMES |
|
dc.subject |
SHAREHOLDERS |
|
dc.subject |
SINGLE LIFE ANNUITIES |
|
dc.subject |
SOCIAL SECURITY |
|
dc.subject |
SOCIAL SECURITY SYSTEM |
|
dc.subject |
SOLVENCY |
|
dc.subject |
SUPERVISORY AGENCY |
|
dc.subject |
SUPERVISORY AUTHORITY |
|
dc.subject |
SUPPLEMENTARY PENSION |
|
dc.subject |
TAX |
|
dc.subject |
TAX INCENTIVES |
|
dc.subject |
TAX PURPOSES |
|
dc.subject |
TAX TREATMENT |
|
dc.subject |
TAX-ADVANTAGED SAVINGS |
|
dc.subject |
TRUSTEES |
|
dc.subject |
VALUATION |
|
dc.subject |
VARIABLE ANNUITIES |
|
dc.subject |
VARIABLE ANNUITY |
|
dc.subject |
VOLUNTARY PENSION |
|
dc.subject |
WAGE GROWTH |
|
dc.subject |
WITHDRAWAL |
|
dc.subject |
YIELD CURVE |
|
dc.subject |
YIELD CURVES |
|
dc.title |
The Payout Phase of Pension Systems : A Comparison of Five Countries |
|
dc.type |
Publications & Research :: Policy Research Working Paper |
|
dc.coverage |
Sweden |
|
dc.coverage |
Chile |
|
dc.coverage |
Denmark |
|
dc.coverage |
Australia |
|
dc.coverage |
Switzerland |
|