Definition: Mandatory personal pension plans

Category: Living conditions

These are personal plans that individuals must join or which are eligible to receive mandatory pension contributions. Individuals may be required to make pension contributions to a pension plan of their choice normally within a certain range of choices or to a specific
pension plan. http://ec.europa.eu/eurostat/ramon/statmanuals/files/oecd_pension_class_and_gloss_en_and_fr.pdf
Source:
Organisation for Economic Co-operation and Development (OECD)/Organisation de coopération et de développement économiques (OCDE), OECD Glossaries/Glossaires de l'OCDE, Private pensions - OECD classification and glossary; Les pensions privées - Classification et glossaire de l'OCDE, Paris, 2005
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