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Annuity Pricing in Public Pension Plans: Importance of Interest Rates

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NBER2018-12-01 更新2025-01-04 收录
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There is little systematic information on the distribution options in public sector retirement plans and how annuity options are priced relative to the standard single life annuity. This study examines the distribution options of 85 large public retirement plans covering general state employees,

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2018-12-01
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