We supported Cardano in validating and optimizing the Excel/VBA code used to model pension rights. Our team successfully completed a first analysis of the raw data.
In the quest for a new sustainable pension contract, two criteria play a crucial role: a minimum level of security and sufficient indexation potential to avoid erosion of pensions by inflation. These two criteria intuitively collide. To gain more insight in these matters, Cardano started an interesting research project which we supported by validating and optimizing the Excel/VBA code used to model pension rights.
We completed our involvement in the project by providing a first analysis of the raw data. Based on the model, Cardano has published a paper ‘Getting Real about Nominal Guarantees’ by Theo Kocken, Bart Oldenkamp and Joeri Potters.