Financial Analysts Journal - Summary

Financial Analysts Journal - Summary

The challenge of pension compulsions has widely been investigated and addressed in recent times; especially during the era of 2000 - 2002. The authors, who have written on this problem, found this dilemma an interesting and arduous one. Few key issues embarked under this problem are demographics, rational expectations, business morals, shareholder interests, the societal issues and intergenerational impartiality.

Since the problem is multidimensional, this it requires comprehensive solutions. One of the practical solutions could be setting a realistic discount rate for future pension liabilities. However, privates companies also experience it difficult to achieve ...