Abstract
European pension systems are in crisis. Governments and employers are withdrawing as plan sponsors, making institutional innovation imperative. Collective, stand-alone pension plans—as seen in the Dutch system—offer an attractive hybrid model between corporate defined-benefit plans and individual defined-contribution plans.
| Original language | English |
|---|---|
| Title of host publication | The Future of Life-Cycle Saving and Investing |
| Subtitle of host publication | The Retirement Phase |
| Editors | Z. Bodie, L.B. Siegel, R.N. Sullivan |
| Place of Publication | Charlottesville |
| Publisher | CFA Institute |
| Pages | 69-76 |
| Number of pages | 90 |
| ISBN (Print) | 9781934667262 |
| Publication status | Published - 2009 |