出版社:Netherlands Bureau for Economic Policy Analysis
摘要:The fall in share prices has severely dented the funding of
Dutch pensions. The needed increase in pension contributions
has significant consequences for the Dutch economy in
the years ahead. These macroeconomic spillovers justify a
review of the manner in which pension funds deal with risks.
Have they not taken excessive risks by enlarging their share
portfolios in the 1990s? Should the pension covenant be renegotiated
to transfer more risks to pensioners? This article provides
an overview.