Definition: Money purchase pension plan

Category: SNA 1993

Money purchase pension plans are those for which the level of contributions to the fund is guaranteed, but benefits are directly dependent on the assets of the fund; (money purchase pension plans are also known as "defined contribution pension plans" in some countries). http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA_1993_EN.pdf
Source:
United Nations, "System of National Accounts (SNA) 1993", § 13.79, United Nations, New York, 1993
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