A Theoretical Integration of Wages and Social Insurance

Abstract

Introduction, 470. — I. Optimum pay-pension package: first approximation, 472. — II. The shape of the offer lines, 476. — III. The shape of the indifference curves, 477. — IV. Optimum conditions of benefit receipt, 479. — V. Equilibrium rate of return on pension funds, 480. — VI. Conclusions, 482.