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"Written by an employee of the International Monetary Fund, this 237-page book is aimed principally at policymakers and regulators in countries where mandatory pension provision based on "individual accounts" is being considered. However, the breadth of coverage of the subject matter will make it a valuable educational text for those studying the annuity market and social security reform." -Zaki Khorasanee, Life and Pensions Magazine
This book treats two vital but neglected public policy issues: how should distributions from individual accounts be regulated, and how can the market for private annuities function better? It provides a comprehensive survey of the issues that arise when contributors to individual accounts become eligible for distributions.
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