TY  - JOUR 
AU  - Josa Fombellida, Ricardo
AU  - López Casado, Paula
PY  - 2025
SN  - 2171-892X
UR  - https://uvadoc.uva.es/handle/10324/81461
AB  - In this paper, we study the optimal management of a target benefit pension plan. The fund manager adjusts the benefit to guarantee the plan stability. The fund can be invested in a rissless asset and a risky asset where the uncertainty comes from...
LA  - spa
PB  - Asociación Española de Profesores Universitarios de Matemáticas para la Economía y la Empresa (ASEPUMA)
KW  - Target benefit pension plan; Portfolio optimization; Stochastic dynamic programming
TI  - Minimizing the benefit risk in a target benefit stochastic pension plan
ER  -