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holzmann, robert

The ABCs of nonfinancial defined contribution (NDC) schemes

Bonn : IZA, 2017
Abstract: Nonfinancial defined contribution (NDC) pension schemes have been successfully implemented since the mid-1990s in a number of European countries such as Italy, Latvia, Norway, Poland, and Sweden. The NDC approach features the lifelong contribution-benefit link of a financial defined contribution (FDC) personal account scheme, but is based on the pay-as-you-go format. At its start-up, the pay-as-you go commitments of the preceding defined benefit (DB) system are converted into individua ...; [read all]
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Description The ABCs of nonfinancial defined contribution (NDC) schemes / Robert Holzmann. - Dati testuali elettronici. - Bonn : IZA, 2017. - (IZA Policy paper ; 130)
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  • 331.252 - Economia del lavoro. Pensioni
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ID file 21244
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