Lessons for public pensions from Utah's move to pension choice

Public Pensions

All industrial democracies have public pension or social security schemes that account for a substantial portion of the disposal income of the aged. Although some countries introduced public pensions as early as the 19 century, large scale social security systems did not emerge as an important feature of the welfare state in most OECD countries until after World War II. The involvement of the g...

Lessons from Pension Reform in the Americas

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Pension system reform in China: Who gets what pensions?

Public Management School, Nanchang University, Nanchang, China Social Policy and Social Gerontology, University of Sheffield, Sheffield, United Kingdom Correspondence Alan Walker, Department of Sociological Studies, University of Sheffield, Sheffield S10 2TU, United Kingdom Email: [email protected] Funding information Office of Education, Jiangxi Province, China, Grant/Award Number: GL...

a benchmarking approach to optimal asset allocation for insurers and pension funds

uncertainty in the financial market will be driven by underlying brownian motions, while the assets are assumed to be general stochastic processes adapted to the filtration of the brownian motions. the goal of this study is to calculate the accumulated wealth in order to optimize the expected terminal value using a suitable utility function. this thesis introduced the lim-wong’s benchmark fun...

Tourism Gaining Cogency from an Industry-Driven Force to a Public -Platform Choice