Now showing items 1-2 of 2

    • Defined Benefit Pension Plans: Cost of Living Adjustments and Membership Heterogeneity 

      Li, Sijia (University of Waterloo, 2021-01-06)
      In this paper we explore different structures for cost of living adjustments (COLA), based on Hardy et al. (2020)’s five significant criteria: affordability, sustainability, efficiency, adequacy, and fairness. Full COLA ...
    • A profit Sharing Pension Plan 

      Cui, Zijing (University of Waterloo, 2021-01-05)
      As Traditional Defined Benefit (DB) plans are declining, more companies are switching to Defined Contribution (DC) plans. However, DC plans have significant disadvantages since employees bear all investment and longevity ...


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