This book is unique as it presents an academic and a practical aspect on managing pension funds to clarify the global debate on social security. The authors est

This book gives state-of-the-art guidance on how to implement investment strategy with cutting-edge practices of plan sponsors and investment managers. All aspe

Mandatory pensions are a worldwide phenomenon. However, with fixed contribution rates, monthly benefits, and retirement ages, pension systems are not consistent

This book presents 25 state of the art papers on the conceptual foundations and issues surrounding Non-financial, or Notional, Defined Contribution (NDC), count

"Formal pension systems are an important means of reducing poverty among the aged. In recent years, however, pension reform has become a pressing matter, as dem