The third 'pillar'
The provision of retirement income has long been dominated by mandatory arrangements with little room for individual choice. However, individual choice is becoming increasingly important within collective defined-benefit arrangements. Moreover, individual schemes with more scope for individual discretion are sometimes proposed, including private retirement and life-cycle accounts based on defined contributions. In any case, in addition to collective pension rights, households build up private savings and investments in financial assets, housing and human capital. These developments place more responsibility on individuals to make informed decisions about retirement savings and investments. People must be able to estimate not only how much wealth they will need to accumulate by the time they retire, but also what risks are involved. To execute their plans, they will invest in mutual funds, or use the services of intermediaries, such as insurance companies and pension funds.
You can find more detailed information regarding this theme here.
Theme coordinator
In addition to recruiting senior and junior researchers and Ph.D. candidates, the role of the theme coordinator is to provide focus and direction.
The theme coordinators are the intellectual leaders of Netspar.
The coordinator of this theme is Peter Schotman, University of Maastricht and Netspar.
Participating researchers in this theme.
Events
The coordinator of the research themes organizes events where un update of the latest developments is given:
Theme related research was presented at the Netspar pension day in 2007.
Publications and Working Papers
To get a list of all publications and / or working papers by theme and/or researchers, please search our database.