Selected payout products of the old-age pension saving scheme / Jana Špirková, Igor Kollár, Gábor Szűcs, Pavel Zimmerman.
Spirková, Jana.; Kollár, Igor.; Szűcs, Gábor.; Zimmermann, Pavel.
2023
HD7105.4
Available Online

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Title Selected payout products of the old-age pension saving scheme / Jana Špirková, Igor Kollár, Gábor Szűcs, Pavel Zimmerman.
Author Spirková, Jana.
ISBN 9783031238499 (electronic bk.)
3031238494 (electronic bk.)
3031238486
9783031238482
DOI https://doi.org/10.1007/978-3-031-23849-9
Imprint Cham : Springer, 2023.
Language English
Description 1 online resource (75 p.).
Other Standard Identifiers 10.1007/978-3-031-23849-9 doi
Call Number HD7105.4
Dewey Decimal Classification 331.25/20727
Summary 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 pensioners 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.
Bibliography, etc. Note Includes bibliographical references and index.
Access Note Access limited to authorized users.
Source of Description Online resource; title from PDF title page (SpringerLink, viewed March 1, 2023).
Added Author Kollár, Igor.
Szűcs, Gábor.
Zimmermann, Pavel.
Series SpringerBriefs in statistics.
Available in Other Form Selected Payout Products of the Old-Age Pension Saving Scheme
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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.

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