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Selected Payout Products of the Old-Age Pension Saving Scheme

Selected Payout Products of the Old-Age Pension Saving Scheme
Catalogue Information
Field name Details
Dewey Class 300.727
Title Selected Payout Products of the Old-Age Pension Saving Scheme (EBook /) / by Jana Špirková, Igor Kollár, Gábor Szűcs, Pavel Zimmermann.
Author Špirková, Jana
Added Personal Name Kollár, Igor
Szűcs, Gábor
Zimmermann, Pavel
Other name(s) SpringerLink (Online service)
Edition statement 1st ed. 2023.
Publication Cham : : Springer International Publishing : : Imprint: Springer, , 2023.
Physical Details XII, 70 p. 11 illus. : online resource.
Series SpringerBriefs in Statistics 2191-5458
ISBN 9783031238499
Summary Note This book discusses the payout phase of the old-age pension saving scheme, the so-called effective premium, and offers detailed actuarial models and analyses of five old-age pension saving products used in practice. These include the basic permanent monthly annuity, without any benefits for survivors, as well as products which, in addition, also include benefits for survivors or authorized persons in the event of the pensioner’s death. The purpose of the book is to point out the method of determining future old-age pensions from old-age pension savings, and to present the advantages and disadvantages of such a pension. The book also emphasizes the role of the profitability testing of the products and answers questions concerning the effectiveness of old-age pension savings and insurance. The book is primarily intended for students of actuarial and financial mathematics and future economists.:
Contents note Preface -- Part I Introduction and Preliminaries -- Preliminaries -- Model of Longevity -- Part II Selected Payout Products -- Selected Life Old-age Pension Products -- Analysis of the Products -- Test of Profitability -- Part III Conclusions and Recommendations -- Research Questions and Hypotheses.-Appendices -- Index.
Mode of acces to digital resource Digital reproduction.-
Cham :
Springer International Publishing,
2023. -
Mode of access: World Wide Web. System requirements: Internet Explorer 6.0 (or higher) or Firefox 2.0 (or higher). Available as searchable text in PDF format.
System details note Online access to this digital book is restricted to subscription institutions through IP address (only for SISSA internal users).
Internet Site https://doi.org/10.1007/978-3-031-23849-9
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