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1 - 2 van 2 voor franchise arrangement
Microsoft Word - discussion52
... occupational pension benefits. individuals only build up old- age pension if their wage exceeds the franchise. in this way pension funds take into account the state pension that individuals receive. c ... (see section 2.1) b transitional arrangement to less generous and actuarially fair early retirement scheme (see section 2.3) c note that the transitional arrangement of the pggm is highly actuarially ...
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memo248.pdf
... through a franchise. only workers with a wage above this franchise build up an occupational pension. in the base year (2008) the franchise ( fp) is ... 0 with 0.9 the fraction of workers with a supplementary pension arrangement and m -0.025 a maturity correction which is the same ... ) ap bl(t -1,-1) 0 with indexation factor , gross wage plg, franchise fp and accrual rate ap 0.02. assume that pension rights ...
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