Podcast
Questions and Answers
What is the main purpose of retirement institutions from an individual perspective?
What is the main purpose of retirement institutions from an individual perspective?
- Consumption smoothing (correct)
- Encouraging impulsive spending
- Facilitating high-risk investments
- Promoting excessive savings
What is the main challenge associated with the occupational pension scheme?
What is the main challenge associated with the occupational pension scheme?
- Insufficient government funding
- Decreasing life expectancy
- Low participation rate
- Aging population and rising dependency ratio (correct)
What is the primary source of funding for private pensions?
What is the primary source of funding for private pensions?
- Social security taxes
- Employer contributions
- Personal savings and investment returns (correct)
- Government subsidies
What is the suggested solution for the main problem associated with private pensions in the 21st century?
What is the suggested solution for the main problem associated with private pensions in the 21st century?
Should we substitute paygo and funding?
Should we substitute paygo and funding?
What is the primary aim of pension systems in most countries?
What is the primary aim of pension systems in most countries?
What is an advantage of a combination of PAYG (Pay-As-You-Go) and funding in pension systems?
What is an advantage of a combination of PAYG (Pay-As-You-Go) and funding in pension systems?
What is the main impact of demographic risks associated with PAYG systems?
What is the main impact of demographic risks associated with PAYG systems?
Which countries have a high percentage of public pension and low total pension assets/GDP ratio?
Which countries have a high percentage of public pension and low total pension assets/GDP ratio?
What influenced the establishment of most universal mandatory pensions in developed countries during the late 1930s to early 1950s?
What influenced the establishment of most universal mandatory pensions in developed countries during the late 1930s to early 1950s?
What is the primary purpose of retirement institutions from an individual perspective?
What is the primary purpose of retirement institutions from an individual perspective?
What is the main problem associated with the occupational pension scheme?
What is the main problem associated with the occupational pension scheme?
Which type of pension scheme is residence-based and funded via paygo (government contributions)?
Which type of pension scheme is residence-based and funded via paygo (government contributions)?
What is the suggested solution for the main problem associated with private pensions in the 21st century?
What is the suggested solution for the main problem associated with private pensions in the 21st century?
What is the primary source of funding for private pensions?
What is the primary source of funding for private pensions?
What is the main aim of pension systems from a government's perspective?
What is the main aim of pension systems from a government's perspective?
What is the primary purpose of pension systems in most countries?
What is the primary purpose of pension systems in most countries?
What is the primary advantage of a combination of PAYG and funding in pension systems?
What is the primary advantage of a combination of PAYG and funding in pension systems?
What is the main challenge associated with the occupational pension scheme?
What is the main challenge associated with the occupational pension scheme?
What is the primary aim of pension systems from a government's perspective?
What is the primary aim of pension systems from a government's perspective?
What influenced the establishment of most universal mandatory pensions in developed countries during the late 1930s to early 1950s?
What influenced the establishment of most universal mandatory pensions in developed countries during the late 1930s to early 1950s?
What is the main impact of demographic risks associated with PAYG systems?
What is the main impact of demographic risks associated with PAYG systems?
What is an advantage of collective savings plans in mitigating financial market risks?
What is an advantage of collective savings plans in mitigating financial market risks?
What is the potential impact of inflation on pension savings?
What is the potential impact of inflation on pension savings?
