Quote:
Originally Posted by Wormius
Outperformed by what metric? You’re personally going to get a fixed amount every month, no matter what. There’s no special bonus cheque if the funds do well.
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I guess the metrics would be like any other pension fund. Management expenses. Rate of return on investments. Year over year net value.
Since it would be a new fund I’m assuming they would have to set contribution and benefit rates. If it performed better to supply the same benefit you could decrease contribution rates or keep them the same and increase benefits.
Guessing contributors could decide how they wanted that to be handled. I.e. what do you do with surpluses. There would probably be some sort of charter to deal with items like that?