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The Impact of Investment Strategy of DC Pension Plan on Retirement Age Distribution
provide retirement benefits, for example, an annuity. Nowadays, many insurance companies provide investment ... 2%-indexed annuity. The price of a two-percent-indexed annuity is given by a¨(e,t,ea) = ω−ea−t∑ s=0 1.02s ...- Authors: Minxian Lu, Xiaoming Liu, YU CHEN HAO
- Date: Dec 2012
- Competency: External Forces & Industry Knowledge
- Topics: Pensions & Retirement>Defined contribution and 401k plans