Archive:
Introduction The Trustees of the Social Security system have just issued the 2007 report. The report includes projections for the system over the next 75 years, prepared by the Social Security’s Office of the Actuary. The bottom line is that the long-run outlook has remained virtually unchanged for the last thirteen years — the system…
Introduction In response to the perfect storm of falling stock returns and interest rates that hit pension funds in 2000, many companies in the United States and the United Kingdom have shifted from defined benefit (DB) to defined contribution (DC) schemes. In contrast, Dutch pension plans have mainly preserved their defined benefit character in recent…
