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World Bank Publications

Annuities and Other Retirement Products: Designing the Payout Phase

Annuities and Other Retirement Products: Designing the Payout Phase

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In the 1990s many emerging economies in Central Europe and Latin America initiated their pension reforms. While most analysis to date has focused on the accumulation phase, there are a number of lessons to be shared as countries start to prepare the retirement options for their contributors, with this book addressing these issues from a public policy perspective.
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