Sustainability of hybrid private pension plans based on fuzzy cognitive mapping and system dynamics

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

SAFARI MOHAMMAD

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: IRANIAN JOURNAL OF INSURANCE RESEARCH (SANAAT-E-BIMEH) Year:2018 | Volume:33 | Issue:3 (131) Page(s): 81-104

Download Full-Text

Persian Verion

View:

778

Download:

Cites:

Information Journal Paper

Title

Sustainability of hybrid private pension plans based on fuzzy cognitive mapping and system dynamics

Author(s)

SAFARI MOHAMMAD | Issue Writer Certificate

Keywords

Hybrid private pension plansQ1

Sustainability of pension plansQ1

Fuzzy cognitive mappingQ1

System dynamicsQ1

Abstract

Pension schemes are one of the most important and essential tools for ensuring and securing a minimum for old age people’ s standard of living. Hence, governments design and provide pension schemes. However, many challenges are faced by pension funds around the world. The most common type of pension schemes are Defined Benefit (DB). These type of pension schemes are running a significant deficit. Hence, experts attempt to reform the pension systems. Hybrid private pension plans are one of the most appropriate alternatives. Because of their unique characteristics, such as good governance, competitiveness and risk-based supervision, these types of plans are more efficient. Consequently, in this research we study the financial feasibility on the implementation of these plans. We investigate the financial feasibility using Fuzzy cognitive mapping (FCM) in order to identify factors affecting the sustainability of pension schemes. Then, We determine the effect of each factor on financial sustainability. Finally, using the methodology of System dynamics (SD), the model is simulated and tested. While twenty-year simulation results indicate unsustainability of DB plans, hybrid pension plan’ s cash flow shows an incremental trend.

Cites

No record.

References

No record.

Cite

APA: Copy

SAFARI, MOHAMMAD. (2018). Sustainability of hybrid private pension plans based on fuzzy cognitive mapping and system dynamics. IRANIAN JOURNAL OF INSURANCE RESEARCH (SANAAT-E-BIMEH), 33(3 (131) ), 81-104. SID. https://sid.ir/paper/100928/en

Vancouver: Copy

SAFARI MOHAMMAD. Sustainability of hybrid private pension plans based on fuzzy cognitive mapping and system dynamics. IRANIAN JOURNAL OF INSURANCE RESEARCH (SANAAT-E-BIMEH)[Internet]. 2018;33(3 (131) ):81-104. Available from: https://sid.ir/paper/100928/en

IEEE: Copy

MOHAMMAD SAFARI, “Sustainability of hybrid private pension plans based on fuzzy cognitive mapping and system dynamics,” IRANIAN JOURNAL OF INSURANCE RESEARCH (SANAAT-E-BIMEH), vol. 33, no. 3 (131) , pp. 81–104, 2018, [Online]. Available: https://sid.ir/paper/100928/en

Related Journal Papers