Titlebook: Essentials of Pension Economics; Sergio Nisticò Book 2019 The Editor(s) (if applicable) and The Author(s) 2019 Pension systems.old-age dep

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Corruptive Patterns of Patronage,hen the latter fails to ensure the well-being to a large portion of population. However, knowledge of the fundamentals of pension economics can help to purge the debate from preconceived disagreement, as can be seen in the case of the growing consensus as to the need to amend the perverse and regres

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Book 2019rational distribution. The author provides also an overview of the historical, demographic and political issues connected with the pension debate. .This book will be of interest to students and academics, and professionals involved in the pensions industry..

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The Basic Concepts, defined benefit systems ensure solvency by adjusting the contribution rate charged on active workers, whereas defined contribution systems automatically adjust expenditures to the varying contribution revenues.

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Introduction,tle for their old age. Moreover, even forward-looking individuals face difficulties in drawing up an efficient saving plan for retirement, since they would be inclined to protect themselves from the risk of having no income in the event of surviving well beyond the average age of death.

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