Research Catalog

Title

Policy Options for the Payout Phase [electronic resource] / Pablo Antolín

Author

Antolín, Pablo.

Publication

Paris : OECD Publishing, 2008.

Details

Description

26 p.; 21 x 29.7cm.

Summary

This paper assesses how countries‘ pension arrangements and regulation shape the appropriate structure and flexibility of retirement payout options. The paper aims at providing a guide to policy makers on how to address the diverse questions posed when designing the payout phase or promoting DC pension arrangements, as well as encouraging a market for annuities. The paper addresses questions concerning the type of retirement payout options for accumulated assets in DC plans a country should allow, which entities should provide annuities, and the type of annuity products that could be allowed. The main recommendation is for policy makers to consider mandating deferred life annuities that start paying at very old ages (e.g. at age 85) and allow for the remaining assets accumulated in DC accounts to be allocated as programmed withdrawals (preferably with flexibility to face contingencies).

Series Statement

OECD Working Papers on Insurance and Private Pensions, 1993-6397 ; no.25

Uniform Title

OECD Working Papers on Insurance and Private Pensions, no.25.

Subject

Finance and Investment

LCCN

10.1787/238030285260

OCLC

oecd-lib-004177

Author

Antolín, Pablo.

Title

Policy Options for the Payout Phase [electronic resource] / Pablo Antolín

Imprint

Paris : OECD Publishing, 2008.

Series

OECD Working Papers on Insurance and Private Pensions, 1993-6397 ; no.25

OECD Working Papers on Insurance and Private Pensions, 1993-6397 ; no.25.

Connect to:

http://dx.doi.org/10.1787/238030285260

Indexed Term

Finance and Investment

Other Standard Identifier

10.1787/238030285260 doi