Series: IMF Working Papers
Author(s): Allison Schrager , and George Mackenzie
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2004
Keywords: Public pension systems, individual accounts, retirement, pension, retirement income, life annuity, bond, Social Security and Public Pensions,
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) pensio...