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Your query: Keywords = "programmed withdrawal"
  1. TitleSuboptimality of immediate annuitization in private pension schemes
    Author infoJán Šebo, Ľubica Šebová
    Author Šebo Ján 1978- (60%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja
    Co-authors Šebová Ľubica 1978- (40%) UMBEF01 - Katedra cestovného ruchu
    Source document Ekonomický časopis : časopis pre ekonomickú teóriu, hospodársku politiku, spoločensko-ekonomické prognózovanie. Roč. 64, č. 2 (2016), s. 169-190. - Bratislava : Ekonomický ústav Slovenskej akadémie vied, 2016
    Keywords annuity   programmed withdrawal   private DC pension   informational asymmetry  
    LanguageEnglish
    CountrySlovak Republic
    systematics 33
    AnnotationImmediate annuitisation as a strategy for a welfare maximization for a payout phase in private pension schemes has been widely criticized. We examine the self-annuitisation strategies under two different consumption rates using programmed withdrawal compared to the immediate annuitization for a retired individual subject to uncertain portfolio returns and longevity risk. The aim is to examine the utility of both approaches under the existence of longevity risk on one side and bequest on the other. Results could serve as a basis for further discussion on improving the legislature on pay-out phase in Slovak private DC pension pillar.
    Public work category ADD
    No. of Archival Copy36142
    Repercussion category GOGOLA, Ján. Quantification of longevity risk for pension insurance in V4 countries. In Ekonomický časopis. ISSN 0013-3035, 2017, vol. 65, no. 8, pp. 751-762.
    MERICKOVA MIKUSOVA, Beata - MUTHOVA, Nikoleta Jakus. Innovative concept of providing local public services based on ICT. In NISPAcee : journal of public administration and policy. ISSN 1337-9038, 2021, vol. 14, no. 1, pp. 135-167.
    MELICHERCIK, Igor - PODSTRELENA, Nikoleta - SZUCS, Gabor. Different ways of using second pillar savings in Slovakia. In ALGORITMY 2020 : 21st conference on scientific computing, Vysoké Tatry, 10th-15th September 2020. Bratislava : Slovak University of Technology in Bratislava, 2020. ISBN 978-80-227-5032-5, pp. 249-258.
    MESTAN, Michal - KRALIK, Ivan - ZOFAJ, Matej - KARKOSIAKOVA, Nikola - KABASINSKAS, Audrius. Projections of pension benefits in supplementary pension saving scheme in Slovakia. In Central European journal of operations research. ISSN 1435-246X, 2021, vol. 29, no. 2, pp. 687-712.
    MELICHERCIK, Igor - SZUCS, Gabor. Payout phase of defined contribution systems: the case of Slovakia. In Statistika. ISSN 0322-788X, 2023, vol. 103, no. 4, pp. 445-461.
    Catal.org.BB301 - Univerzitná knižnica Univerzity Mateja Bela v Banskej Bystrici
    Databasexpca - PUBLIKAČNÁ ČINNOSŤ
    ReferencesPERIODIKÁ-Súborný záznam periodika
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    File nameDownloadedSizeComment
    341423110.4 MB
  2. TitleUtility function with bequest motive in the Slovak second pension pillar scheme
    Author infoMaroš Malíček, Jana Sokolová
    Author Malíček Maroš 1992- (60%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja
    Co-authors Sokolová Jana 1992- (40%) UMBEF01 - Katedra cestovného ruchu
    Source document FERNSTAT 2016 : conference proceedings, Šachtička 22-23 Sept 2016. Pp. 64-71. - Banská Bystrica : Slovenská štatistická a demografická spoločnosť, 2016 / Boďa Martin 1984- ; Kanderová Mária 1965- ; Kaščáková Alena 1964- ; Klieštik Tomáš ; Krištofík Peter 1971- ; Kubanová Jana ; Linda Bohdan ; Musa Hussam 1968- ; Nedelová Gabriela 1961- ; Radvanský Marek ; Sobíšek Lukáš ; Stachová Mária 1981- ; Stankovičová Iveta ; Szűcs Gábor ; Úradníček Vladimír 1963-2021 ; Vojtková Marta ; Želinský Tomáš ; FERNSTAT 2016 konferencia
    Keywords 1bis pension pillar   annuity   programmed withdrawal   bequest motive  
    LanguageEnglish
    CountrySlovak Republic
    systematics 334
    Public work category AFD
    No. of Archival Copy39508
    Catal.org.BB301 - Univerzitná knižnica Univerzity Mateja Bela v Banskej Bystrici
    Databasexpca - PUBLIKAČNÁ ČINNOSŤ
    unrecognised

    unrecognised



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