These are the issues that the institute being launched now should deal with. I will also present a number of questions, on the individual level, on the policy level, and a number of questions for research: Size of the payout: –  What is a reasonable replacement rate? –  How do we deal with the increase in life expectancy?
–  How do we deal with the ramifications of the low interest rate environment on the yields of pension savings? –  How do we deal with the ramifications of high volatility on the yields of pension savings? –  What are far management fees that also allow for the quality management of pension savings?