Paygo scheme

Paygo scheme 


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memo241.pdf
... in dependency ratios for a paygo scheme, on capital market returns for funded dc plans, and on a combination of these determinants for a funded db scheme. all these determinants are ... period. this makes the dependency ratio a potentially important risk factor. a paygo scheme may be either a defined benefit (db) scheme, in which the transfer is guaranteed either unconditionally, or conditional ...
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