Neutral or Fair?: Actuarial Concepts and Pension-System Design
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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1. Economists and policymakers increasingly use the word “actuarial” in the analysis of pension systems and retirement incentives. But the debate is often confused. “Actuarial fairness” and “actuarial neutrality” are promoted loosely as desirable goals of pension reform. This paper distinguishes two actuarial concepts and discusses their...
