Gender Difference in Retirement Income and Pension Policy - Simulating the Effects of Various DB and DC Schemes

Michele Belloni, Elsa Fornero
2008 Social Science Research Network  
ENEPRI Research Reports publish the original research results of projects undertaken in the context of an ENEPRI project. This paper was prepared as part of the Adequacy of Old-Age Income Maintenance in the EU (AIM) projectwhich has received financing from the European Commission under the 6 th Research Framework Programme (contract no. SP21- CT-2005-513748). The views expressed are attributable only to the authors and not to any institution with which they are associated. ISBN
more » ... BN 978-92-9079-807-1 Available for free downloading from the ENEPRI website Abstract In this analysis, we evaluate the relative pension positions of men and women, under different characterisations of their respective working lives and pension designs. We consider both a Defined Benefit (DB) and a Defined Contribution (DC) scheme, and a few variants of their basic pension formula, each exemplifying a stylised normative framework.
doi:10.2139/ssrn.2027884 fatcat:lgfm43d4q5h7rpvzntrsc3zp5a