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Controlling the Cost of Minimum Benefit Guarantees in Public Pension Conversions

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NBER2002-01-01 更新2025-01-04 收录
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Unfunded defined-benefit (DB) public pension plans throughout the world are being converted to funded defined-contribution (DC) plans that typically contain a minimum benefit guarantee (DC-MB). Risk management techniques must be used to control the cost of these guarantees. The most common technique

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2002-01-01
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