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DEFINED CONTRIBUTION (DC) OCCUPATIONAL PENSION PLANS

Statistics Directorate    
French Equivalent: Plans de retraite professionnel à cotisations définies (CD)

Definition:
Occupational pension plans under which the plan sponsor pays fixed contributions and has no legal or constructive obligation to pay further contributions to an ongoing plan in the event of unfavourable plan experience.

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

Cross References:
Defined benefit (DB) occupational pension plans
Hybrid DB plan
Mixed DB plans
Money purchase pension plans
Traditional DB plan

Statistical Theme: Financial statistics

Glossary Output Segments:
OECD Private Pensions

Created on Tuesday, September 25, 2001

Last updated on Tuesday, August 16, 2005