01724cas a2200241 a 4500 AALejournalIMF009292 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451825718 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Mexico : Financial Sector Assessment Program Update; Technical Note; The Pension Annuity Market. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (49 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents a technical note on Mexico's Financial Sector Assessment Program update. The Mexican experience displays interesting characteristics that provide lessons for other countries that still need to design the decumulation phase of their newly established second pillars. The rationale for the choice of specialized annuity providers has been, on the one hand, to avoid the contagion effect from composite life and nonlife insurance companies operating annuities, and on the other hand, the implicit government guarantee associated with a benefit provision for which participation has been mandated by the federal government. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2007/163 Full text available on IMF http://elibrary.imf.org/view/journals/002/2007/163/002.2007.issue-163-en.xml IMF e-Library