Three Certainties and a Speculation: Reflections of a Pension Professional
4 Pages Posted: 23 May 2009
Date Written: May 20, 2009
Abstract
This article has been adapted from a pre-dinner speech delivered to the attendees of the Fall 2008 Discussion Forum of the Rotman International Centre for Pension Management, held at the Tacoma Campus of the University of Washington, in collaboration with Washington State Investment Board. The three certainties relate to the cost of retirement, the value of lifetime annuities, and the efficacy of investment education. The speculation is that satisficing trumps optimizing in pension decision-making.
Keywords: Annuities, Financial Education, Optimizing, Pension Fund, Retirement, Satisficing, Rotman
Suggested Citation: Suggested Citation
Ezra, Don, Three Certainties and a Speculation: Reflections of a Pension Professional (May 20, 2009). Rotman International Journal of Pension Management, Vol. 2, No. 1, 2009, Available at SSRN: https://ssrn.com/abstract=1408698
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.