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Payouts from Defined Contribution Plans: A Collective Risk-Sharing Framework
ratio (a significant shortfall to the target) is 17% (versus 19% for group annuity). In the bottom quintile ... below 40% 30% 35% Replacement ratio below 30% 17% 19% Average replacement ratio in bottom quintile ...- Authors: Rowland Davis
- Date: Jan 2014
- Competency: Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: Pension Section News
- Topics: Annuities>Investment strategy - Annuities; Annuities>Payout annuities