The Simpler Algebra Of Pension Plans
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The Simple(r) Algebra of Pension Plans
| Author | : Dimitri Vittas |
| Publisher | : World Bank Publications |
| Total Pages | : 40 |
| Release | : 1993 |
| Genre | : Pension trusts |
| ISBN | : |
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Unless the real rate of interest exceeds the growth rate of real wages by a significant margin, payment of a reasonable pension rate requires a high contribution rate or a high active worklife ratio.
