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Employer Pensions, Risk and Asset Allocation

Employer Pensions, Risk and Asset Allocation. Mike Orszag. Rome, April 2, 2003. Guarantees for Individuals. Pensioners paid first Others paid next Example: pension scheme 75% funded, 50% of liabilities pensioner liabilities Pensioners are paid in full, others get 50% of benefits.

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Employer Pensions, Risk and Asset Allocation