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http://dx.doi.org/10.7465/jkdi.2012.23.6.1165

The reality of benefits for retirement and the measures for annuitization of the occupational pension  

Jung, Se Chang (Department of Finance and Insurance, Hongik University)
Publication Information
Journal of the Korean Data and Information Science Society / v.23, no.6, 2012 , pp. 1165-1172 More about this Journal
Abstract
The purpose of this paper is to investigate the reality of the occupational pension and suggest annuitization over a lifetime of the occupational pension for the purpose of securing income after retirement. A survey and the empirical analysis such as regression and crosstabulation analysis are employed. An research on a case study of an advanced countries is also conducted. The crosstabulation analysis shows that the post-retirement amenities of the self-employed person and the lower income bracket are serious. Individual retirement pension is suggested for the self-employed person and Riester Pension in Germany is recommended for the lower income bracket. The cases in Australia and the UK are useful for annuitization over a lifetime of the occupational pension.
Keywords
Annuitization; crosstabulation analysis; occupational pension; regression; Riester pension;
Citations & Related Records
Times Cited By KSCI : 3  (Citation Analysis)
연도 인용수 순위
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