Latest from IPE Magazine – Page 790
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Features
Estonia puts the pieces in place
Estonia’s PAYG pension system is suffering from a shortfall between contributions and payments. The need for reform is apparent as the gap is steadily growing. Average salary calculated by the government is EEK 3,700 (E236). The mandatory retirement age is 60 for men and 55 for women. In 1996 a ...
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Special Report
US report: Defined benefit plans consolidate
The number of defined benefit (DB) plans sponsored by US corporations continues to decline, while the merging of existing plans is making it harder for newer money managers to gain a foothold in the retirement sector. In 1985, DB plans hit a peak, totaling 112,000. Less than 24,000 remain, according ...
