Automatic balance mechanisms for notional defined contribution pension systems guaranteeing social adequacy and financial sustainability: an application to the Italian pension system

Since the mid 1990s some European countries (including Italy) implemented a Notional Defined Contribution (NDC) pension system. Such a system is based on pay-as-you-go funding, while the pension amount is a function of the individual lifelong contribution. Despite many appealing features, the NDC sy...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Annals of operations research Jg. 299; H. 1-2; S. 765 - 795
Hauptverfasser: Devolder, Pierre, Levantesi, Susanna, Menzietti, Massimiliano
Format: Journal Article
Sprache:Englisch
Veröffentlicht: New York Springer US 01.04.2021
Springer
Springer Nature B.V
Schlagworte:
ISSN:0254-5330, 1572-9338
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!