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

Determine the action keep the price above market equilibrium, What actions ...

What actions could a government take in order to keep the price above market equilibrium? There are four basic possibilities here; 1) Minimum price; 2) A tax on the good

Factors of production, The process of production needs several inputs. Thes...

The process of production needs several inputs. These inputs are known as the factors of production. In most cases, firms own some of the factors of production while some have to b

Types of cost, types of cost

types of cost

Long period analysis, LONG PERIOD ANALYSIS: Long period refers to a ti...

LONG PERIOD ANALYSIS: Long period refers to a time when all the factors are variable. Earlier in the short period analysis, we had considered capital (K) to be fixed factor. H

Positive and normative statement, differentiate between normative and posit...

differentiate between normative and positive statements in economics with the help of a statement

Consumer choice, Consumer Choice * Consumers choose a combination of g...

Consumer Choice * Consumers choose a combination of goods which will maximize satisfaction they can attain, given the some degree of budget available to them. * The maximiz

Evalution - credit and recoveries, "Micron" is a company,providing micro fi...

"Micron" is a company,providing micro financing facility for various business entities.So far Micron has been in operation for seven years facilitating new business ventures and ex

.marketing structures, discuss the implications of various market structure...

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

Creating mobile telephone infrastructure, Creating Mobile Telephone Infrast...

Creating Mobile Telephone Infrastructure: The second concept of subsidising the telecom infrastructure required for providing services in rural and remote areas is designed to

Factors that calculate price elasticity of demand, Factors that calculate p...

Factors that calculate price elasticity of demand: The proportion of Income spent on the Commodity If the price of a good is relatively low such the expenditure on it is a

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages