Can the Private Annuity Market Provide Secure Retirement Income? /

Annuity premiums are often assumed to be constant, although they can be expected to vary with the yield curve. Variations in premiums will become an important public policy issue as defined-contribution (DC) pension plans play an increasingly prominent role in providing retirement income. As DC plan...

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Bibliographic Details
Main Author: Schrager, Allison
Other Authors: Mackenzie, George
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Working Papers; Working Paper ; No. 2004/230
Online Access:Full text available on IMF