{"title":"Digital Individual Benefit Statement: The Use of a Triangulation Methodology to Design a Digital Platform for Switzerland","authors":"Catherine Equey Balzli","volume":170,"journal":"International Journal of Economics and Management Engineering","pagesStart":174,"pagesEnd":180,"ISSN":"1307-6892","URL":"https:\/\/publications.waset.org\/pdf\/10011827","abstract":"
Old age retirement pensions are an important concern among the Swiss but estimating one’s income after retirement is difficult due to the Swiss insurance system’s complexity. This project’s aim is to prepare for developing a digital platform that will allow individuals to plan for retirement in a simplified manner. The main objective of the platform will be to give individuals the tools to check that their savings and retirement benefits will allow them to continue the lifestyle to which they are accustomed once they are retired. The research results from qualitative (focus group) and quantitative (survey) methodologies, recommend the scope and functionalities for a digital platform to be developed. A main outcome is the need to limit the platform’s scope to old-age pension only (excluding survivors’ or disability pensions, for instance). Furthermore, an outcome regarding the functionalities is the proposition of scenarios such as early retirement, changes to income, or modifications to personal status. The development of the digital platform will be a subsequent project.<\/p>\r\n","references":"[1]\tCr\u00e9dit Suisse, \u201cLa pr\u00e9voyance vieillesse reste en t\u00eate, la confiance envers les institutions chute,\u201d in Barom\u00e8tre des pr\u00e9occupations du Cr\u00e9dit Suisse, 2019. https:\/\/www.credit-suisse.com\/about-us\/fr\/rapports-recherche\/etudes-publications\/barometre-des-preoccupations.html.\r\n[2]\tS. Ramaswamy, \u201cThe sustainability of pension schemes,\u201d BIS Working Paper, no. 368, 2012, p. 21.\r\n[3]\tG. B. Kuhn, \u201cNew benefit statement requirements for retirement plans\u201d (Newsletter), Utz, Miller & Kuhn, LCC, vol. 3, 2007, p. 6.\r\n[4]\tOECD, Improving Financial Education and Awareness on Insurance and Private Pensions. Paris, France: OECD Publishing, 2008. http:\/\/caliban.sourceoecd.com\/vl=71354068\/cl=20\/nw=1\/rpsv\/cgibin\/fulltextew.pl?prpsv=\/ij\/oecdthemes\/9998007x\/v2008n9\/s1\/p1l.idx.\r\n[5]\tOECD, Communicating Pension Risk to DC Plan Members: The Chilean Case of a Pension Risk Simulator. City, Country: OECD Secretariat and Chilean Superintendence of Pensions, 2011.\r\n[6]\tSWISSINFO, \u201cSwitzerland's three-pillar - Swiss insurance system for retirement, death and disability.\u201d 2017. https:\/\/www.swissinfo.ch\/eng\/pillars-of-society_the-three-swiss-pension-pillars-explained\/42995426.\r\n[7]\tL. Larsson, A. Sund\u00e9n, and O. Settergren, \u201cPension information: The annual statement at a glance,\u201d OECD Journal: General Papers, vol. 2008, no. 3, 2008. http:\/\/www.oecd.org\/dataoecd\/38\/42\/44509412.pdf.\r\n[8]\tO. Gough and C. Niza, \u201cRetirement saving choices: Review of the literature and policy implications,\u201d Journal of Population Ageing, vol. 4, no. 1\u20132, 2011, pp. 97\u2013117.\r\n[9]\tA. Schulz, D. Nikolic, and J. Speicher. \u201cPlatform revolution: How to make networked markets work for you,\u201d Performance, vol. 8, no. 3, 2016, pp. 54\u201363.\r\n[10]\tM. Q. Patton, \u201cEnhancing the quality and credibility of qualitative analysis,\u201d HSR: Health Services Research, vol. 34, no. 5, part II, 1999, pp. 1189\u20131208.\r\n[11]\tILO, \u201cUniversal social protection for human dignity, social justice and sustainable development\u201d, General Survey concerning the Social Protection Floors, Recommendation, 2012 (No. 202), International Labour Conference, 108th Session, 2019, ISBN 978-92-2-131725-8.\r\n[12]\tA. Kazdin, ed. \u201cEncyclopedia of Psychology.\u201d New York: Oxford University Press, 2000.","publisher":"World Academy of Science, Engineering and Technology","index":"Open Science Index 170, 2021"}