Interaction of defined benefit pension plans and social security
(2008) Pensions : an international journal — Vol. 13, p. 101-117 (2008)
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- Abstract
- This paper explores the shift from defined benefit to defined contribution pension plans when the payout rate from social security is set optimally. This paper shows that when employees are receiving more of their private pensions from defined contribution plans one should be raising the payout rate from traditional social security rather than trying to privatise part of it.
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Pestieau, P., & Possen, U. M. (2008). Interaction of defined benefit pension plans and social security. Pensions : an international journal, 13, 101-117. https://doi.org/10.1057/pm.2008.6 (Original work published 2008)