How do different retirement regimes affect the wealth adequacy of retirees?

• Main Authors: Lau, Julia Li Sian, Tan, Eunice Chen Xin, Toh, Puay Qi
• Other Authors: Akshar Saxena
• Format: Final Year Project
• Language: English
• Published: Nanyang Technological University 2023
• Subjects: Social sciences::Economic development
• Online Access: https://hdl.handle.net/10356/165817
• Institution: Nanyang Technological University

This paper presents a comparative study between Defined Contribution (DC) and Defined Benefit (DB) pension schemes and its effects on the wealth adequacy of people nearing retirement. To do so, we extracted data from SHARE and OECD Pension At A Glance databases. Thereafter, using STATA Statistical S...