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Deflated expectations : unfunded pension promises can all be kept

Recurso electrónico / Electronic resource
MARC record
Tag12Value
LDR  00000cab a2200000 4500
001  MAP20200013433
003  MAP
005  20200423182433.0
008  200422e20190501gbr|||p |0|||b|spa d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎345
100  ‎$0‎MAPA20200008712‎$a‎Martin, Allan
24510‎$a‎Deflated expectations‎$b‎: unfunded pension promises can all be kept‎$c‎Allan Martin
520  ‎$a‎Peensions can either be funded for in advance, or be unfunded and dependent on taxes, revenues or other resources from future generations to pay the promised benefi ts. At the end of 2017, OECD countries had funded pensions of almost US$29trn; very important to world stock markets and for equity and bond fi nance, and include both defined benefit (DB) and defined contribution (DC) arrangements. In comparison, unfunded DB pension promises in OECD countries in 2016 were a staggering $78trn, nearly twice conventional national debt.
650 4‎$0‎MAPA20080552114‎$a‎Pensiones
650 4‎$0‎MAPA20080604004‎$a‎Sistemas de pensiones
650 4‎$0‎MAPA20080581596‎$a‎Países de la OCDE
650 4‎$0‎MAPA20080562533‎$a‎Financiación
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
7730 ‎$w‎MAP20200013259‎$t‎The Actuary : the magazine of the Institute & Faculty of Actuaries‎$d‎London : Redactive Publishing, 2019-‎$g‎01/05/2019 Número 4 - May 2019 , p. 30-31