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The pay-as-you-go pension system as fertility insurance and an enforcement device [PDF]

open access: yesJournal of Public Economics, 2004
A PAYGO system may serve as insurance against not having children and as an enforcement device for ungrateful children who are unwilling to pay their parents a pension. In fact, the latter was Bismarck’s historic motive for introducing this system. It is
Hans-Werner Sinn
exaly   +2 more sources
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Pension funds insurance individuation

Mathematical Methods of Operations Research (ZOR), 2000
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Charles S. Tapiero, Assa Birati
openaire   +1 more source

Manage Pension Deficit with Heterogeneous Insurance

Methodology and Computing in Applied Probability, 2022
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Sheng, De-Lei   +3 more
openaire   +1 more source

The Cost of Pension Insurance

Journal of Risk and Insurance, 2002
AbstractThis article estimates the cost of the federal pension insurance program. Pension insurance claims have an important market‐risk component, which means that the cost of the exposure cannot be estimated by discounting future claims by the risk‐free rate.
Steven Boyce, Richard A. Ippolito
openaire   +1 more source

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