Communicating Pension Risk to DC Plan Members The Chilean Case of a Pension Risk Simulator

The purpose of this paper is to discuss a few issues related to how best to communicate uncertainty about projections of future pension benefits to members of DC plans, and especially to present a pension risk simulator developed by the Chilean regulator (Superintendencia de Pensiones, SP) that addr...

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Bibliographic Details
Main Author: Antolin, Pablo
Other Authors: Fuentes, Olga
Format: eBook
Language:English
Published: Paris OECD Publishing 2012
Series:OECD Working Papers on Finance, Insurance and Private Pensions
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
Description
Summary:The purpose of this paper is to discuss a few issues related to how best to communicate uncertainty about projections of future pension benefits to members of DC plans, and especially to present a pension risk simulator developed by the Chilean regulator (Superintendencia de Pensiones, SP) that addresses directly how to convey that uncertainty and aims at eliciting a pro-active response from individuals in terms of contributing more and for longer
Physical Description:24 p. 21 x 29.7cm