Part II describes our data, methodology and results with respect to the money s worth analysis. Part III discusses policy implications, including the cost-effectiveness of public versus private provision of annuities, how to provide inflation insurance, and whether adverse selection makes compulsory annuitization desirable. The numbers we present should not be quoted because they will probably be further refined and modified. However, we expect that the general tendencies will remain. Numbers on Singapore will be added later.
Preliminary results indicate that their payouts and money s worth ratios are very high.
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