Mandatory annuity design in developing economies

Suzanne Doyle and John Piggott

No 25524, Social Protection Discussion Papers and Notes from The World Bank

Abstract: This paper explores the appropriate development of policy towards mandatory, retirement income streams within this broad framework, paying particular attention to the economic environments relevant to developing economies. After a review of existing practices, numerical simulation techniques are used, to show how a modest, government-funded pension scheme, and appropriate annuity design in the mandatory funded sector, might sensibly be combined.

Keywords: Pensions&Retirement Systems; Insurance&Risk Mitigation; Environmental Economics&Policies; Banks&Banking Reform; Economic Theory&Research (search for similar items in EconPapers)
Date: 2002-05-31
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Citations: View citations in EconPapers (2)

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