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Selected Payout Products of the Old-Age Pension Saving Scheme

Igor Kollár , Jana Špirková , Gábor Szucs , Pavel Zimmermann

This book discusses the payout phase of the old-age pension saving scheme, the so-called effective premium, and offers detailed actuarial models and analyses of five old-age pension saving products used in practice. These include the basic permanent monthly annuity,...

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