Mark | Date Date | Title Title | |||
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No. 19 | 01 Jul 2008 |
Coverage of Funded Pension Plans
This paper presents comparable and standardised data on coverage in voluntary funded pension plans for several OECD countries using household survey data by age, income level, and labour market status for occupational and personal pension plans. The... |
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No. 18 | 01 Jun 2008 |
Pension Fund Governance
Good governance is increasingly recognized as an important aspect of an efficient private pension system, enhancing investment performance and benefit security. Yet, despite regulatory and industry initiatives, governance weaknesses persist across... |
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No. 17 | 01 Apr 2008 |
Funding Regulations and Risk Sharing
This paper provides a description of the risk-sharing features of pension plan design in selected OECD and non-OECD countries and how they correspond with the funding rules applied to pension funds. In addition to leading to a better understanding of... |
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No. 16 | 01 Mar 2008 |
Evaluating the Impact of Risk Based Funding Requirements on Pension Funds
The objective of this study is to analyse what the quantitative funding requirements for pension funds with defined benefit plans would be, if Solvency II (based on the QIS 3 methodology) would be applied. Also possible extensions of the Solvency II... |
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No. 15 | 01 Jan 2008 |
Governance and Investment of Public Pension Reserve Funds in Selected OECD Countries
Many countries around the world are partly prefunding their otherwise pay-as-you-go (PAYG) financed social security systems by establishing or further developing existing public pension reserve funds (PPRFs). Most OECD countries have put in place... |
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No. 14 | 01 Jan 2008 |
Sovereign Wealth and Pension Fund Issues
Sovereign Wealth Funds (SWFs) are pools of assets owned and managed directly or indirectly by governments to achieve national objectives. These funds have raised concerns about: (i) financial stability, (ii) corporate governance and (iii) political... |
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No. 13 | 01 Jul 2007 |
Reforming the Valuation and Funding of Pension Promises
This paper assesses current regulatory and accounting developments in the OECD area against their purported goals. It specifically considers the different approaches to valuing pension liabilities and questions the possibility of convergence between... |
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No. 12 | 01 Sept 2007 |
Pension Fund Investment in Hedge Funds
Having outlined the potential concerns relating to pension fund investment in hedge funds, the OECD carried out a survey to investigate what information pension fund regulators have on these investments and how they are being controlled. The survey... |
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No. 11 | 01 Jul 2007 |
Implications of Behavioural Economics for Mandatory Individual Account Pension Systems
In individual account pension systems, members bear the risks and consequences of their investment decisions. If participants behave as predicted by economic theory, such responsibility would be welfare-enhancing as members would invest and hold a... |
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No. 10 | 01 Jul 2007 |
Portfolio Investment in an Intertemporal Setting
Several countries around the globe have established mandatory pension systems based on personal savings accounts. In contrast to the pay-as-you-go (PAYG) financed pensions that these new systems have partly replaced, retirement benefits are the... |
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No. 9 | 01 Aug 2007 |
Collective Pension Funds
Collective pension funds (CPFs) - occupational pension funds that cover the employees of more than one employer (enterprise) - have been operating in OECD countries for decades. Generally speaking, there are two models, i.e. closed pension funds,... |
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No. 8 | 01 May 2007 |
Pension Fund Regulation and Risk Management
This paper provides a stylised assessment of the impact of investment-relevant pension fund regulations and accounting rules on contribution and investment strategies within the context of an asset-liability model (ALM) specifically designed for this... |
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No. 7 | 01 Jan 2007 |
Survey of Investment Choice by Pension Fund Members
A recent trend in individual accounts schemes is the introduction and expansion of investment alternatives to plan members. The goal of investment choice is to enable plan members to select the optimal investment portfolio that matches their... |
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No. 6 | 01 Jan 2007 |
Benefit Protection
Underfunded pension funds are in the same position as other creditors when their sponsoring firm becomes insolvent, having to join the queue claiming the remaining assets of the firm. Arguments for granting pension fund priority rights over other... |
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No. 5 | 01 Jan 2007 |
Benefit Security Pension Fund Guarantee Schemes
The issue of pension benefit security has returned to the foreground of both economic and political debate in many OECD countries - following high profile losses of pension benefits due to plan sponsors becoming bankrupt and leaving underfunded... |
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No. 4 | 01 Jan 2007 |
Governments and the Market for Longevity-Indexed Bonds
Uncertainty about length of life, longevity risk, is a growing financial problem for pension funds and annuity providers. They would like to transfer longevity risk away to institutions better placed to deal with it. Unfortunately, there is a lack of... |
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No. 3 | 01 Jan 2007 |
Longevity Risk and Private Pensions
This paper examines how uncertainty regarding future mortality and life expectancy outcomes, i.e. longevity risk, affects employer-provided defined benefit (DB) private pension plans liabilities. The paper argues that to assess uncertainty and... |
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No. 2 | 01 Jan 2007 |
Policy Issues for Developing Annuities Markets
Annuities are specifically designed to cover the risk that an individual outlives their own resources by transferring such risk to an insurance undertaking. Despite an increasing need for annuity products (due to increasing longevity, decreasing... |
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No. 1 | 01 Oct 2006 |
Funding Rules and Actuarial Methods
This paper outlines the regulatory framework within which occupational defined benefit pension plans are financed and addresses the challenges facing the funding of such plans. The Appendices include a summary and discussion of the funding... |
OECD Working Papers on Insurance and Private Pensions
- Discontinued
- Is continued by :
- OECD Working Papers on Finance, Insurance and Private Pensions
English
- ISSN: 19936397 (online)
- https://doi.org/10.1787/19936397
21 - 39 of 39 results
Coverage of Funded Pension Plans
Pablo Antolín
01 Jul 2008
This paper presents comparable and standardised data on coverage in voluntary funded pension plans for several OECD countries using household survey data by age, income level, and labour market status for occupational and personal pension plans. The...
Pension Fund Governance
Fiona Stewart and Juan Yermo
01 Jun 2008
Good governance is increasingly recognized as an important aspect of an efficient private pension system, enhancing investment performance and benefit security. Yet, despite regulatory and industry initiatives, governance weaknesses persist across...
Funding Regulations and Risk Sharing
Colin Pugh and Juan Yermo
01 Apr 2008
This paper provides a description of the risk-sharing features of pension plan design in selected OECD and non-OECD countries and how they correspond with the funding rules applied to pension funds. In addition to leading to a better understanding of...
Evaluating the Impact of Risk Based Funding Requirements on Pension Funds
Jordy Peek, Andreas Reuss and Gerhard Scheuenstuhl
01 Mar 2008
The objective of this study is to analyse what the quantitative funding requirements for pension funds with defined benefit plans would be, if Solvency II (based on the QIS 3 methodology) would be applied. Also possible extensions of the Solvency II...
Governance and Investment of Public Pension Reserve Funds in Selected OECD Countries
Juan Yermo
01 Jan 2008
Many countries around the world are partly prefunding their otherwise pay-as-you-go (PAYG) financed social security systems by establishing or further developing existing public pension reserve funds (PPRFs). Most OECD countries have put in place...
Sovereign Wealth and Pension Fund Issues
Adrian Blundell-Wignall, Yu-Wei Hu and Juan Yermo
01 Jan 2008
Sovereign Wealth Funds (SWFs) are pools of assets owned and managed directly or indirectly by governments to achieve national objectives. These funds have raised concerns about: (i) financial stability, (ii) corporate governance and (iii) political...
Reforming the Valuation and Funding of Pension Promises
Juan Yermo
01 Jul 2007
This paper assesses current regulatory and accounting developments in the OECD area against their purported goals. It specifically considers the different approaches to valuing pension liabilities and questions the possibility of convergence between...
Pension Fund Investment in Hedge Funds
Fiona Stewart
01 Sept 2007
Having outlined the potential concerns relating to pension fund investment in hedge funds, the OECD carried out a survey to investigate what information pension fund regulators have on these investments and how they are being controlled. The survey...
Implications of Behavioural Economics for Mandatory Individual Account Pension Systems
Waldo Tapia and Juan Yermo
01 Jul 2007
In individual account pension systems, members bear the risks and consequences of their investment decisions. If participants behave as predicted by economic theory, such responsibility would be welfare-enhancing as members would invest and hold a...
Portfolio Investment in an Intertemporal Setting
Guillermo Larrain Rios
01 Jul 2007
Several countries around the globe have established mandatory pension systems based on personal savings accounts. In contrast to the pay-as-you-go (PAYG) financed pensions that these new systems have partly replaced, retirement benefits are the...
Collective Pension Funds
Yu-Wei Hu, Colin Pugh, Fiona Stewart and Juan Yermo
01 Aug 2007
Collective pension funds (CPFs) - occupational pension funds that cover the employees of more than one employer (enterprise) - have been operating in OECD countries for decades. Generally speaking, there are two models, i.e. closed pension funds,...
Pension Fund Regulation and Risk Management
Sandra Blome, Kai Fachinger, Dorothee Franzen, Gerhard Scheuenstuhl and Juan Yermo
01 May 2007
This paper provides a stylised assessment of the impact of investment-relevant pension fund regulations and accounting rules on contribution and investment strategies within the context of an asset-liability model (ALM) specifically designed for this...
Survey of Investment Choice by Pension Fund Members
Edina Rozinka and Waldo Tapia
01 Jan 2007
A recent trend in individual accounts schemes is the introduction and expansion of investment alternatives to plan members. The goal of investment choice is to enable plan members to select the optimal investment portfolio that matches their...
Benefit Protection
Fiona Stewart
01 Jan 2007
Underfunded pension funds are in the same position as other creditors when their sponsoring firm becomes insolvent, having to join the queue claiming the remaining assets of the firm. Arguments for granting pension fund priority rights over other...
Benefit Security Pension Fund Guarantee Schemes
Fiona Stewart
01 Jan 2007
The issue of pension benefit security has returned to the foreground of both economic and political debate in many OECD countries - following high profile losses of pension benefits due to plan sponsors becoming bankrupt and leaving underfunded...
Governments and the Market for Longevity-Indexed Bonds
Pablo Antolín and Hans J. Blommestein
01 Jan 2007
Uncertainty about length of life, longevity risk, is a growing financial problem for pension funds and annuity providers. They would like to transfer longevity risk away to institutions better placed to deal with it. Unfortunately, there is a lack of...
Longevity Risk and Private Pensions
Pablo Antolín
01 Jan 2007
This paper examines how uncertainty regarding future mortality and life expectancy outcomes, i.e. longevity risk, affects employer-provided defined benefit (DB) private pension plans liabilities. The paper argues that to assess uncertainty and...
Policy Issues for Developing Annuities Markets
Fiona Stewart
01 Jan 2007
Annuities are specifically designed to cover the risk that an individual outlives their own resources by transferring such risk to an insurance undertaking. Despite an increasing need for annuity products (due to increasing longevity, decreasing...
Funding Rules and Actuarial Methods
Colin Pugh
01 Oct 2006
This paper outlines the regulatory framework within which occupational defined benefit pension plans are financed and addresses the challenges facing the funding of such plans. The Appendices include a summary and discussion of the funding...