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pro vyhledávání: '"Thomas L. Totten"'
Autor:
Thomas L. Totten, Laurence B. Siegel
Publikováno v:
The Journal of Retirement. 6:45-59
Both retirees and their employers can benefit from combining conventional DC-type savings plans, designed to be spent down in the early part (say, the first 20 years) of retirement, with a DB-like or deferred life annuity component guaranteeing incom
Autor:
Thomas L. Totten
Publikováno v:
SSRN Electronic Journal.
A hybrid retirement system can combine the best of defined benefit and defined contribution designs into a holistic approach which reduces company cost volatility significantly and eliminates the tail longevity risk for employees. The design involves