Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/46467
Authors: 
Beetsma, Roel M. W. J.
Bucciol, Alessandro
Year of Publication: 
2010
Series/Report no.: 
CESifo working paper: Social Protection 3305
Abstract: 
We investigate numerically how indexation of funded pensions for inflation can be differentiated across the various groups of fund participants. The pension arrangement is modelled after the Dutch situation. While the aggregate welfare consequences are small, group-specific consequences are more substantial with the workers and future born losing and retirees benefitting from a shift away from uniform indexation. Those welfare shifts result from systematic redistribution of welfare rather than shifts in the benefit of risk sharing provided by the system.
Subjects: 
indexation
funded pensions
welfare effects
pension buffers
stochastic simulations
JEL: 
H55
I38
C61
Document Type: 
Working Paper

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