OxTalks is Changing
OxTalks will soon move to the new Halo platform and will become 'Oxford Events.' There will be a need for an OxTalks freeze. This was previously planned for Friday 14th November – a new date will be shared as soon as it is available (full details will be available on the Staff Gateway).
In the meantime, the OxTalks site will remain active and events will continue to be published.
If staff have any questions about the Oxford Events launch, please contact halo@digital.ox.ac.uk
Optimal strategies to restore long-term sustainability of pension systems
The aim of this paper is to design an automatic balancing mechanism to restore the sustainability of a pay-as-you-go (PAYG) pension system based on changes in its main variables, such as the contribution rate, normal retirement age and indexation of pensions. Using nonlinear optimisation, this mechanism, identifies and applies an optimal path of these variables to a PAYG system in the long run and absorbs fluctuations in longevity, fertility rates, salary growth or any other events in a pension system.
Date:
24 November 2016, 14:00
Venue:
66 Banbury Road (Wolsey Hall), 66 Banbury Road OX2 6PR
Venue Details:
Seminar Room
Speaker:
Dr Carmen Boado-Penas (Liverpool University)
Organising department:
Oxford Institute of Ageing
Organiser contact email address:
administrator@ageing.ox.ac.uk
Part of:
Financial Planning for Later Life in the UK
Booking required?:
Not required
Audience:
Public
Editor:
Katia Padvalkava
