In this paper, we present a European call option on pension annuity, which gives the holder of the contract the opportunity to buy a pension annuity benefit for a given ( strike) price at age of retirement or any other age. 本文引入一种基于退休年金的欧式看涨期权,它赋予合约持有者在退休年龄或其它年龄以某一约定的价格(执行价格)购买一份退休年金受益的机会。
Contract of annuity for lifetime is a contract has important practical value, it is also an interesting issue for Continent genealogy of law Scholars. 终身定期金合同是一个具有重要实践价值的合同,也是大陆法系的学者比较感兴趣的一个问题。
In the civil law of Germany, France, Switzerland, Italy, Japan, Russia, contract of annuity for lifetime is formulated as representative contract, and use civil law to adjust it. 在德国、法国、瑞士、意大利、日本、俄罗斯等大陆法系国家和地区的民法典中,均将终身定期金合同作为一种典型合同,予以明文规定,从而通过法律对其进行调整。