Annuity for micropensions

1-Apr-2010    This article, written by econometrist Nadiya Ivanova, focuses on one of the most important aspects of the design of a micro pension product: the distribution phase.

Given that the pension scheme is running smoothly and that pension premiums are already collected: in which way should the pension pay-out take place? This paper adresses some questions and answers on this topic, and will help to review the possible solutions and foster understanding why annuitization is the preferable option.


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