Notional Defined Contribution Pension Method and the Construction of Annuitization Coefficients

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Jacques Janssen~Raimondo Manca, Belgium
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Summary:
In this paper, we show how it is possible to construct efficient annuitization coefficients of the cumulated sum in the corresponding pension annuity in a Notional Defined Contribution pension scheme. The proposed method will be compared with the Italian method by means of which the transformation coefficients of the NDC Italian rules were constructed. Numerical examples will be provided.
 
Date: 30 May - Time: 10:30 to 12:00 - Room: 252A
Theme: 9.A. Various topics