| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25343 |
| 来源ID | Working Paper 25343 |
| Annuity Pricing in Public Pension Plans: Importance of Interest Rates | |
| Nino Abashidze; Robert L. Clark; Beth Ritter; David Vanderweide | |
| 发表日期 | 2018-12-10 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | There is little systematic information on the distribution options in public sector retirement plans and how annuity options are priced relative to the standard single life annuity. This study examines the distribution options of 85 large public retirement plans covering general state employees, teachers, and local government employees. An important component of the analysis is the construction of a data set presenting the annuity options offered by each of these plans and how the monthly benefits for these distribution options are priced. The analysis shows that interest rates used to price annuities vary considerably across the plans. As a result, retirees with the same monthly benefit if a single life benefit is chosen will have substantially different monthly benefits if they select the joint and survivor annuity offered by their retirement plan. |
| 主题 | Public Economics ; Subnational Fiscal Issues ; Labor Economics ; Labor Supply and Demand ; Labor Market Structures |
| URL | https://www.nber.org/papers/w25343 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583016 |
| 推荐引用方式 GB/T 7714 | Nino Abashidze,Robert L. Clark,Beth Ritter,et al. Annuity Pricing in Public Pension Plans: Importance of Interest Rates. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25343.pdf（360KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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