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A Redistributive GSA scheme to cope with socio-economic mortality differentials

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040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
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100  ‎$0‎MAPA20260001395‎$a‎Aragona, Maria
24512‎$a‎A Redistributive GSA scheme to cope with socio-economic mortality differentials‎$c‎Maria Aragona, Luca Regis and Elena Vigna
520  ‎$a‎Longevity risk is threatening the sustainability of traditional pension systems. To deal with this issue, decumulation strategies alternative to annuities have been proposed in the literature. However, heterogeneity in mortality experiences in the pool of policyholders due to socio-economic classes generates inequity, because of implicit wealth transfers from the more disadvantaged to the wealthier classes. They address this issue in a Group Self-Annuitization (GSA) scheme in the presence of stochastic mortality by proposing a redistributive GSA scheme where benefits are optimally shared across classes
650 4‎$0‎MAPA20080604004‎$a‎Sistemas de pensiones
650 4‎$0‎MAPA20080605704‎$a‎Desigualdades sociales
650 4‎$0‎MAPA20080555016‎$a‎Longevidad
650 4‎$0‎MAPA20080579258‎$a‎Cálculo actuarial
650 4‎$0‎MAPA20080592042‎$a‎Modelos matemáticos
650 4‎$0‎MAPA20080573614‎$a‎Renta vitalicia
650 4‎$0‎MAPA20080602437‎$a‎Matemática del seguro
650 4‎$0‎MAPA20080625535‎$a‎Distribuciones de probabilidad
7001 ‎$0‎MAPA20120013452‎$a‎Regis, Luca
7001 ‎$0‎MAPA20080058517‎$a‎Vigna, Elena
7102 ‎$0‎MAPA20100017661‎$a‎International Actuarial Association
7730 ‎$w‎MAP20077000420‎$g‎15/09/2025 Volume 55 Issue 3 - September 2025 , p. 757 - 774‎$x‎0515-0361‎$t‎Astin bulletin‎$d‎Belgium : ASTIN and AFIR Sections of the International Actuarial Association