€ 250.000 for research into optimal pension contract
The board of scientific institute and knowledge network Netspar has granted € 250.000 to a three-year research project under the supervision of SBE researcher prof. dr. Antoon Pelsser. The project called Design of Pension Contracts in Incomplete Markets and under Uncertainty is expected to be launched in January 2018.
In recent years there has been a development which shifts (investment) risks in pensions increasingly to participants and less to employers. Therefore, in the interest of the participant, risks that are difficult to predict and uncertainties with regard to share prices and interest rates should be taken into account. This project aims at developing strategies that perform adequately, also when assessment errors are made. The objective is that under the redesigned future pension scheme employers and employees can enter into pension contracts that optimally balance the risks for the individual participant against the possibility of an indexed pension.
Granting this funding is in line with the advice of the Netspar Partner Research Council that assesses the applications on policy relevance. The scientific assessment was carried out by the independent scientific council of Netspar.
About Netspar
Netspar, Network for Studies on Pensions, Aging and Retirement, is a think-tank and knowledge network. Netspar is dedicated to promoting a wider understanding of the economic and social implications of pensions, aging and retirement in the Netherlands and Europe. Netspar contributes actively to the social discourse on such matters among policymakers, scholars, and pension and insurance professionals by both developing knowledge through independent scientific research and sharing that knowledge through publications, events, and education programs.
Also read
-
Anyone who follows the news often encounters headlines about machines taking over jobs. And indeed, automation is advancing. While machines have supported tasks for years, many can now make decisions independently. How will this evolution impact the labour market? What skills will we need? How can workers be retrained to adapt? And what will it mean for inequality?
-
Ever wondered why fake news goes viral on social media? A recent study by researchers François t’Serstevens, Giulia Piccillo, and Alexander Grigoriev sheds light on this intriguing phenomenon. Here’s what they found and why it matters to us, especially as students navigating a digital world filled with endless information.
-
The Maastricht Business Days (MBD) have been a hallmark of the School of Business and Economics (SBE) since their inception in 1996, standing out as the most prestigious student recruitment event. Organized by SCOPE, the faculty’s dynamic study association, the MBDs connect over 600 students annually with approximately 50 leading companies from diverse industries. This student-led initiative not only encourages professional growth through workshops, interviews, and networking events but also highlights the collaborative spirit of SBE, uniting students, alumni, and industry professionals in meaningful ways.
