The Notional Defined Contribution Model: An Assessment of Strengths and Limitations of a New Approach to the Provision of Old Age Security.” Centre for Retirement Research Working Paper Series Working Paper no
by John B Williamson , Matthew Williams , Catherine Sigworth , Stephanie Howling , Giuseppina Chiri , Jenna Nobles , Paulette Castel , Elaine Fultz , Barbara Kritzer , Shari Grove , Annika , 2003
"... ABSTRACT Most public old-age pension schemes around the world are based at le ast in part on the pay-as-you-go defined benefit (PAYGO DB) model. As these schemes have matured and the limitations of this approach have become more salient, pension experts have begun considering alternative models. Th ..."
to pay benefits to current pension recipients), another 2.5% is allocated to funded individual retirement savings accounts. In Poland the split is more even, with 12.22% credited to the NDC component and 7.3% to the funded individual accounts . In Italy and the Kyrgyz Republic, there are no mandatory
and governing decentralized event-based enterprise systems at runtime. We present a dashboard based on industry-strength technology as proof of concept and discuss how to integrate usage statistics provided on-the-fly by ASIA into metrics for runtime governance. We evaluate our monitoring approach in terms