Minimum Protection in DC Funding Pension Plans and Margrabe Options

The regulation on the Belgian occupational pension schemes has been recently changed. The new law allows for employers to choose between two different types of guarantees to offer to their affiliates. In this paper, we address the question arising naturally: which of the two guarantees is the best o...

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Bibliographic Details
Main Authors: Pierre Devolder, Sébastien de Valeriola
Format: Article
Language:English
Published: MDPI AG 2017-01-01
Series:Risks
Subjects:
Online Access:http://www.mdpi.com/2227-9091/5/1/5