Transforming Private Pensions: An Actuarial Model to Face Long-Term Costs

A common response in public pension systems to population ageing is to link pensions to observed longevity. This creates an automatic stabiliser that arises from the valuation of a private actuarially funded system. However, no private pension plan mechanism has been articulated to adapt to this age...

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Bibliographic Details
Main Authors: J. Iñaki De La Peña, M. Cristina Fernández-Ramos, Asier Garayeta, Iratxe D. Martín
Format: Article
Language:English
Published: MDPI AG 2022-03-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/10/7/1082