Define contribution pensions, Microeconomics

Assignment Help:

Q. Define Contribution Pensions?

Defined Contribution Pensions: A pension plan which makes no specified promise about level of pension paid out after retirement. In its place, a pensioner's income depends on the amount of money accumulated in a pre-funded retirement account, on investment returns and on interest rates at the time of retirement.


Related Discussions:- Define contribution pensions

Insurance, Sita expects her future earnings to be worth Rs 100. If she fall...

Sita expects her future earnings to be worth Rs 100. If she falls ill, her expected future earning will be Rs 25, There is a belief that she may fall ill 2 with probability of -3

Criteria of a good forecasting method, Criteria of a Good Forecasting Met...

Criteria of a Good Forecasting Method: 1. Simplicity : and Ease of Comprehension: Management must be able to understand and have confidence in the techniques used compli

Free trade, is country beter off with ban on imports?

is country beter off with ban on imports?

Market structures, illustrate and discuss the implications of various marke...

illustrate and discuss the implications of various market structures (competitive and non competitive) for price determination

What is the short run demand curve, A firm has a short-run production funct...

A firm has a short-run production function defined by:  Q = -. 02L 2 + 8L What  is  the short  run demand curve  for  labour  (L) in terms of  the market wage  rate  (w), if

Supply, #1 explain with the aid of diagram the effect of an increase in dem...

#1 explain with the aid of diagram the effect of an increase in demand for palm oil on the equilibrum position for palm kernel

Social cost, Social cost: Social cost of production refers to the cost...

Social cost: Social cost of production refers to the cost incurred by a society when its economic resources are used to produce a given commodity. The usage of a society’s res

Policies for technological advance, Policies for Technological Advance ...

Policies for Technological Advance Without better technology, increases in capital stock generated by investment rapidly run into diminishing returns. And without improvements

How can decrease in demand, Movements of the demand curve itself, either to...

Movements of the demand curve itself, either to the left or right are known as changes in demand.  A change in demand is caused by a change in one or more of the nonprice determina

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd