퇴직연금 연금선호 실태와 연금화 결정요인 분석 - DC형 가입자를 중심으로 - = Annuity Pension Preference & Determinants of Annuitization

다국어 초록 (Multilingual Abstract)

This paper analyzes whether annuity pension will be preferred in retirement pension plan, and if so, what factors are going to have significant effects on annuitization. According to this analysis, the ratio of annuity pensioners, who wish to be received the benefit in the form of annuity in the future is 58.5%, and this means that annuitization can be generalized. However, as there can be pension puzzle phenomenon, this paper analyzes that it could be necessary to take advantage of any policy to inhibit this pension puzzle. This result says that default options, the life cycle fund, cash balance, and fiduciary liability insurance need to be introduced. In reality, the additional policies besides the previous methods are the implementation of partial pension policy, the enforcement of statutory retirement allowance by applying IRP(Individual Retirement Pension) system, and the adjustment of IRP automatically applying age to 55 or older.