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Your query: Keywords = "Pension Benefit Statement"
  1. TitleProjections of pension benefits in supplementary pension saving scheme in Slovakia
    Author infoMichal Mešťan, Ivan Králik ... [et al.]
    Author Mešťan Michal 1991- (40%) UMBEF04 - Katedra financií a účtovníctva
    Co-authors Králik Ivan 1992- (35%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja
    Žofaj Matej 1992- (10%) UMBEF01 - Katedra cestovného ruchu
    Karkošiaková Nikola 1990- (10%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja
    Kabašinskas Audrius (5%)
    Source document Central European Journal of Operations Research. Vol. 29, no. 2 (2021), pp. 687-712. - Heidelberg : Springer Nature Switzerland AG, 2021
    Keywords DC pension schemes   IORP II Directive   Pension Benefit Statement   retirements  
    Form. Descr.články - journal articles
    LanguageEnglish
    CountryGermany
    AnnotationNew Institutions for Occupational Retirement Provision Directive, effective since 2019, lays down new information requirements for all pension providers across the EU. The directive requires providers to supply their members and savers with a Pension Benefit Statement on a regular basis. The Pension Benefit Statement should inter alia contain the projections of future pension benefits that can reasonably be expected at the moment of retirement. However, the directive does not provide any further technical specification on the methods and processes of pension benefit projections. Our motivation is to contribute to this issue and present possible approaches on pension benefit projections. The complexity of pension benefit projections requires consideration of not only expected returns on various asset categories, but also the correlation between other variables such as expected life-cycle income or decisions on the default saving strategy. Our results provide indications on the possible solutions and compare the projected pension benefits using three simulation methods with back-tested results using real supplementary pension funds operating in Slovakia.
    URLLink na plný text
    Public work category ADM
    No. of Archival Copy50055
    Catal.org.BB301 - Univerzitná knižnica Univerzity Mateja Bela v Banskej Bystrici
    Databasexpca - PUBLIKAČNÁ ČINNOSŤ
    ReferencesPERIODIKÁ-Súborný záznam periodika
  2. TitleProjections of DC scheme pension benefits - the case of Slovakia
    Author infoMichal Mešťan ... [et al.]
    Author Mešťan Michal 1991- (40%) UMBEF04 - Katedra financií a účtovníctva
    Co-authors Králik Ivan 1992- (35%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja
    Žofaj Matej 1992- (15%) UMBEF01 - Katedra cestovného ruchu
    Karkošiaková Nikola 1990- (10%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja
    Source document Central European conference in finance and economics (CEFE2018) : September 04-06, 2018, Herľany, Slovak Republic. CD-ROM, pp. 170-182. - Košice : Technical University of Košice, 2018 / Siničáková Marianna ; Glova Jozef ; Kočišová Kristína ; Mirdala Rajmund ; Kováč Viliam ; Tóth Peter ; Andrejovská Alena ; Korobaničová Iveta ; Šebová Miriam ; Buleca Ján ; Raisová Manuela ; Hakalová Jana ; Papcunová Viera ; Mura Ladislav ; Maličká Lenka ; Harčariková Monika ; Ďurčová Júlia ; Tušan Radoslav ; Central European conference in finance and economics (CEFE2018) konferencia
    Keywords DC pension schemes   retirements   Pension Benefit Statement   IORP II Directive  
    LanguageEnglish
    CountrySlovak Republic
    systematics 33
    Public work category AFD
    No. of Archival Copy43126
    Catal.org.BB301 - Univerzitná knižnica Univerzity Mateja Bela v Banskej Bystrici
    Databasexpca - PUBLIKAČNÁ ČINNOSŤ
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