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This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Notwithstanding the terrible price the world has paid in the coronavirus pandemic, the fact remains that longevity at older ages is likely to continue to rise in the medium and longer term. This volume explores how the private and public sectors can collaborate via public-private partnerships (PPPs) to develop new mechanisms to reduce older people's risk of outliving their assets in later life. As this volume shows, PPPs typically involve shared government financing alongside private sector partner expertise, management responsibility, and accountability. In addition to offering empirical evidence on examples where this is working well, contributors provide case studies, discuss survey results, and examine a variety of different financial and insurance products to better meet the needs of the aging population. This volume will be informative to researchers, plan sponsors, students, and policymakers seeking to enhance retirement plan offerings.
This volume investigates how public-private partnerships can be structured to mitigate the financial risks associated with increased human longevity. The editors, Laura M. Argys and Susan L. Averett, compile research from various experts to address the growing concern of individuals outliving their retirement assets. The text argues that collaborative models, which combine government financing with private sector management and expertise, provide a viable framework for developing sustainable retirement products.
What You Will Find
Scope Limits
Experts and policymakers view this volume as a specialized resource for understanding the intersection of government policy and private financial innovation. Readers frequently note the academic density of the prose, which is intended for professionals and researchers in the field of pension economics.
Page Count:
516
Publication Date:
2022-01-01
Publisher:
OUP Oxford
ISBN-10:
0192675974
ISBN-13:
9780192675972
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