Text
A broad consensus exists that workplace pension arrangements around the world are sick and in need of strong medicine. Rather than resurrect the traditional defined-benefit (DB) plan or broaden defined-contribution (DC) plan coverage, this article argues that we move from an "either/or" to an "and/and" mindset to improve global workplace pension coverage, adequacy, and certainty. Pension arrangements can combine the best of DB and DC plans and minimize the impact of their less-attractive features. However, we must also redesign the institutions through which workplace pensions are delivered. The ideal pension-delivery institution is expert, has scale, and acts solely in the best interests of plan participants.
Call Number | Location | Available |
---|---|---|
FAJ6301 | PSB lt.dasar - Pascasarjana | 1 |
Penerbit | Virginia: CFA Institute 2007 |
---|---|
Edisi | Vol. 63, No. 1, Jan. - Feb., 2007 |
Subjek | Defined-Benefit (DB) Plans Defined-Contribution (DC) Plans pension revolution Optimal Pension System (OPS) pension governance |
ISBN/ISSN | 0015198X |
Klasifikasi | NONE |
Deskripsi Fisik | 5 p. |
Info Detail Spesifik | Financial Analysts Journal |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas |