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AVERAGE EARNINGS SCHEME

Statistics Directorate    
French Equivalent: Régime des gains moyens

Definition:
A scheme where the pension benefits earned for a year depend on how much the member’s earnings were for the given year.

Context:
Identical term, "Career average scheme".

Source Publication:
OECD Working Party on Private Pensions, 2005, “'Private Pensions: OECD Classification and Glossary, 2005 edition”, OECD, Paris.

Statistical Theme: Financial statistics

Glossary Output Segments:
OECD Private Pensions

Created on Friday, January 17, 2003

Last updated on Thursday, August 11, 2005