Includes bibliographical references (pages 235-243) and index.
CONTENTS NOTE
Text of Note
Cover; Half-title; Title; Copyright; Dedication; Contents; List of Tables; Acknowledgments; Introduction; Annuities Ancient And Modern; Renaissance; A Guide To The Book; Chapter Outline; 1 The Demand Side of the Annuity Market; 2 The Supply Side of the Annuity Market; 3 The Regulation of Annuity Providers; 4 Experience with Individual Account Reforms; 5 Individual Liberty versus Security in Retirement, and the Government's Role; 6 Policy Issues with both Public and Private Sector Provision of Mandatory Annuities; 7 Policy Issues with Privatization of the Provision of Annuities.
Text of Note
8 Conclusions and RecommendationsAppendix 1: The Economics and Financing of Annuities; Introduction; A Two-Period Model; Bequests, Lumpy Expenditure, And Other Complications; The Cost And Funding Of Annuities; Relaxing The Assumptions; Adverse Selection; An Aside On The Timing Of Annuitization; The Insurance Value Of Annuities; Appendix 2: Aging and its Impact on Pension Systems; A Parable; Real World Aging Problems; Macroeconomic Aspects Of An Individual Accounts Reform; Glossary; References; Index.
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SUMMARY OR ABSTRACT
Text of Note
This book treats two vital but neglected public policy issues: how should distributions from individual accounts be regulated, and how can the market for private annuities function better? It provides a comprehensive survey of the issues that arise when contributors to individual accounts become eligible for distributions.
ACQUISITION INFORMATION NOTE
Source for Acquisition/Subscription Address
OverDrive, Inc.
Source for Acquisition/Subscription Address
OverDrive, Inc.
Stock Number
F1945A7B-591D-403E-A83F-103C0A9AC0AE
OTHER EDITION IN ANOTHER MEDIUM
Title
Annuity markets and pension reform.
International Standard Book Number
9780521846325
TOPICAL NAME USED AS SUBJECT
Life annuities.
Pension trusts.
Retirement income.
Régimes de retraite.
Rentes viagères.
Revenu de retraite.
BUSINESS & ECONOMICS-- Personal Finance-- Retirement Planning.