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- W1508592008 abstract "Funded mandatory pension systems based on individual accounts are spreading around the world. With the maturation of those systems, regulating the withdrawal of retirement savings will become increasingly important. Government regulation of withdrawals should mandate the purchase of inflation-indexed life annuities exceeding income available from government welfare programs for the retiree and potential survivors. However, proper functioning of insurance markets does not require annuitizing the entire account balance. Instead, more flexibility for the choice of withdrawals could be permitted for any remaining funds, helping to tailor income streams to individual needs and living arrangements." @default.
- W1508592008 created "2016-06-24" @default.
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- W1508592008 date "2000-01-31" @default.
- W1508592008 modified "2023-09-24" @default.
- W1508592008 title "Regulation of withdrawals in individual account systems" @default.
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- W1508592008 doi "https://doi.org/10.5089/9781451857139.001.a001" @default.
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