---
title: Pension Plan Systems and Risk Sharing
url: https://www.ml-quant.com/papers/ssrn/4584374/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4584374
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4584374
featured: 2023-09-28
citations: unknown
topic: Asset Pricing & Factors
---


# Pension Plan Systems and Risk Sharing

Including defined benefit pension funds in an asset pricing model enhances its performance in matching historical equity premium and riskless rate, and offers significant risk sharing benefits.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4584374
- Identifier: SSRN 4584374
- Released: 2023-04-14
- First featured: Quant Letter No. 17 (2023-09-28): https://www.ml-quant.com/issues/2023-09-28/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Asset Pricing & Factors

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