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Linking Benefits to Investment Performance in US Public Pension Systems

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NBER2012-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18491
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This paper calculates the effect that introducing risk-sharing during either retirement or the working life would have on public sector pension liabilities. We begin by considering the introduction of a variable annuity for the retirement phase, modeled on the Wisconsin Retirement System, in which
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2012-10-01
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