Let's build a pension system on blockchain that is not in the hands of governments or insurance companies but in the hands of its users. The idea is to implement a pay-as-you-go pension system. Members pay their contributions in ETH and receive ERC20 tokens in return. No contributions are invested on the capital market and therefore no interest is earned. Instead, the paid-in ETH are used directly for the payment of outstanding pension claims. How much pension is paid out depends on how many pension token a pensioner has, e.g. how many contributions he paid into the system. More: https://www.asure.io?s=sladeshare

1. www.asure.io
AUTONOMOUS INSURANCE

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3. Pros
• Inflation save
• Connected to current salaries
• Government protects you against risks
Cons
• Must be mandatory
Idea
• Tokenization of pension points => DECENTRALIZED PENSION TOKEN (DPT)
Employee
Companies
Country
Pensioner
Employer's contribution
to pension
Contributions to the pension
fund from current salary
Pension points for later
retirement
Tax subsidy
Monthly pension
payment
DECENTRALIZED
PENSION
Smart Contracts

4. 𝑓 𝑥 = 1.5 − log(0.12 ∗ 𝑥)
𝑅𝑒𝑐𝑖𝑣𝑒𝑇𝑖𝑚𝑒𝐼𝑛𝑀𝑜𝑛𝑡ℎ𝑠 =
(σ 𝑃𝑎𝑦𝑚𝑒𝑛𝑡𝑀𝑜𝑛𝑡ℎ)²
12∗40𝑦𝑒𝑎𝑟𝑠
𝐷𝑃𝑇𝑠 = 1 +
𝑎𝑚𝑜𝑢𝑛𝑡 − 𝑎𝑚𝑜𝑢𝑛𝑡 𝑚𝑎𝑥
𝑇𝑎𝑟𝑔𝑒𝑡𝑃𝑟𝑖𝑐𝑒 − 𝑎𝑚𝑜𝑢𝑛𝑡 𝑚𝑎𝑥
∗ 𝐷𝑃𝑇𝐹𝑎𝑐𝑡𝑜𝑟

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8. Demo: https://ethberlin.asure.io
GitHub: https://github.com/AsureFoundation/ETHBerlin