Ⅲ. Characteristics of New Pension System in Chile
1. Individual Capitalization Accounts (ICA)
In Chile, they have pension system that subscribers pay back from their individual accounts after retirement. Therefore this account have no income redistribution among inter-layers and no income transfer between generations that exist in korean pension system. ICA's contributions are not inc
as a positive effects or riding of increasing period. Moreover, the investment for Bonds might be changed to the investment for Stocks including individual investors’ money. The most important reason is that the people can expect highly for that the United States’ market will be alive or boomed up.
2. Investment for Saving account of annuity
1. Instruction of financial institution
which is determined by various institutions and individuals.
1) Definition of the marketing
*Institution of the U.S.
1960 : Marketing is firm’s activity which makes products and services flow from producer to consumer.
1985 : Marketing is the process of performing price setting, promotion, and an idea for having trades which can satisfy objects of individual and organization.
individual account)를 설정하지 않기 때문에 급여의 이체성(transportability)이 낮아서 직장을 자주 옮기지 않을 근로자에게는 유리한 제도이나 직장을 자주 옮기는 근로자에게는 불리하게 되어 있는 제도이다.
이러한 정액 급여제도는 피고용자의 최종 연금급여액이 일정한 산정방식에 의해 결정되는데 연금
individuals.
1) Definition of the marketing
*Institution of the U.S.
1960 : Marketing is firm’s activity which makes products and services flow from producer to consumer.
1985 : Marketing is the process of performing price setting, promotion, and an idea for having trades which can satisfy objects of individual and organization.
*Institution of the Korea
Market