Olivia S. Mitchell and Kent Smetters, Editors
This book shows how pension systems can help protect against risks in light of current uncertain economic and financial global stresses. Several challenges confronting employees, retirees, companies, and governments are explored. Experts analyze whether and how financial products and systems can be better designed to meet and manage retirement risks.
December 2003 · Oxford University Press · ISBN 0-19-926691-3
- Order online from Oxford University Press
- Title Page and Copyright Information
- Download Table of Contents
- Chapter 1: Overview: Developments in Risk Management For Retirement Security
Olivia S. Mitchell and Kent Smetters - Chapter 2: An Analysis of Investment Advice to Retirement Plan Participants
Zvi Bodie - Chapter 3: The Role of Company Stock in Defined Contribution Plans
Olivia S. Mitchell and Stephen P. Utkus - Chapter 4: Company Stock and Pension Plan Diversification
Krishna Ramaswamy - Chapter 5: Integrating Payouts: Annuity Design and Public Pension Benefits in Mandatory Defined Contribution Plans
Suzanne Doyle and John Piggott - Chapter 6: Risk Transfer in Public Pension Plans
Jeremy Gold - Chapter 7: Securing Public Pension Promises through Funding
Robert Palacios - Chapter 8: Understanding Individual Account Guarantees
Marie-Eve Lachance and Olivia S. Mitchell - Chapter 9: Money-Back Guarantees in Individual Pension Accounts: Evidence from the German Pension Reform
Raimond Maurer and Christian Schlag - Chapter 10: Hedging Segregated Fund Guarantees
Peter A. Forsyth, Kenneth R. Vetzal, and Heath A. Windcliff - Chapter 11: Retirement Guarantees in Mandatory Defined Contribution Systems
Jan Walliser - Chapter 12: Retirement Guarantees in Voluntary Defined Contribution Plans
John A. Turner and David M. Rajnes - Chapter 13: Securitized Risk Instruments as Alternative Pension Fund Investments
J. David Cummins and Christopher M. Lewis - Chapter 14: Credit Implications of the Payout Annuity Market
Arthur Fliegelman, Moshe Arye Milevsky, and Scott A. Robinson
