Notional Accounts : Notional Defined Contribution Plans as a Pension Reform Strategy

Notional accounts are designed to mimic a defined contribution plan, where the pension depends on contributions and investment returns. (For this reason, they are sometimes called notional, defined-contribution schemes). Pension contributions are t...

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Main Author: World Bank
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2005/01/6323988/notional-accounts-notional-defined-contribution-plans-pension-reform-strategy
http://hdl.handle.net/10986/11244
id okr-10986-11244
recordtype oai_dc
spelling okr-10986-112442021-04-23T14:02:54Z Notional Accounts : Notional Defined Contribution Plans as a Pension Reform Strategy World Bank ACTUARIAL NEUTRALITY ANNUITY ANNUITY PROVIDERS ANNUITY RATE ANNUITY RATES BENEFIT FORMULA COMPONENTS CONTRIBUTION INCREASES CONTRIBUTION RATE DEBT DEFINED CONTRIBUTION PLANS E-MAIL EARNINGS GROWTH EMPLOYMENT FINANCIAL STABILITY FISCAL POLICY FISCAL SUSTAINABILITY FORMAL SECTOR FUNDED COMPONENT FUNDED PENSION SYSTEMS FUNDED PENSIONS FUNDED SCHEMES INFLATION INTEREST RATES INTERNATIONAL MONETARY FUND INVESTMENT RETURNS LEGISLATION LIFE EXPECTANCIES LIFE EXPECTANCY LIFETIME EARNINGS MANDATORY SAVINGS NATIONAL INCOME NOTIONAL ACCOUNT NOTIONAL CAPITAL PAY-AS-YOU-GO PENSION SYSTEMS PAY-AS-YOU-GO SYSTEMS PAYROLL TAX PENSION PENSION DEBT PENSION FORMULA PENSION FUND PENSION LIABILITIES PENSION PLANS PENSION REFORM PENSION REFORMS PENSION RIGHTS PENSION SYSTEM PENSIONS POLITICAL PRESSURES PRODUCTIVITY PUBLIC SCHEMES PUBLIC SPENDING REAL WAGE REAL WAGES REPLACEMENT RATE REPLACEMENT RATES RETIREMENT RETIREMENT AGE RETIREMENT INCOME RETIREMENT OPTIONS SAFETY NETS SOCIAL ASSISTANCE SOCIAL INSURANCE SOCIAL PROTECTION SOCIAL SECURITY TAX RATE WAGE GROWTH WAGES Notional accounts are designed to mimic a defined contribution plan, where the pension depends on contributions and investment returns. (For this reason, they are sometimes called notional, defined-contribution schemes). Pension contributions are tracked in accounts which earn a rate of return. However, in notional accounts, the return that contributions earn is a notional one, set by the government, not the product of investment returns in the markets. 2012-08-13T14:32:58Z 2012-08-13T14:32:58Z 2005-01 http://documents.worldbank.org/curated/en/2005/01/6323988/notional-accounts-notional-defined-contribution-plans-pension-reform-strategy http://hdl.handle.net/10986/11244 English World Bank Pension Reform Primer Series CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACTUARIAL NEUTRALITY
ANNUITY
ANNUITY PROVIDERS
ANNUITY RATE
ANNUITY RATES
BENEFIT FORMULA
COMPONENTS
CONTRIBUTION INCREASES
CONTRIBUTION RATE
DEBT
DEFINED CONTRIBUTION PLANS
E-MAIL
EARNINGS GROWTH
EMPLOYMENT
FINANCIAL STABILITY
FISCAL POLICY
FISCAL SUSTAINABILITY
FORMAL SECTOR
FUNDED COMPONENT
FUNDED PENSION SYSTEMS
FUNDED PENSIONS
FUNDED SCHEMES
INFLATION
INTEREST RATES
INTERNATIONAL MONETARY FUND
INVESTMENT RETURNS
LEGISLATION
LIFE EXPECTANCIES
LIFE EXPECTANCY
LIFETIME EARNINGS
MANDATORY SAVINGS
NATIONAL INCOME
NOTIONAL ACCOUNT
NOTIONAL CAPITAL
PAY-AS-YOU-GO PENSION SYSTEMS
PAY-AS-YOU-GO SYSTEMS
PAYROLL TAX
PENSION
PENSION DEBT
PENSION FORMULA
PENSION FUND
PENSION LIABILITIES
PENSION PLANS
PENSION REFORM
PENSION REFORMS
PENSION RIGHTS
PENSION SYSTEM
PENSIONS
POLITICAL PRESSURES
PRODUCTIVITY
PUBLIC SCHEMES
PUBLIC SPENDING
REAL WAGE
REAL WAGES
REPLACEMENT RATE
REPLACEMENT RATES
RETIREMENT
RETIREMENT AGE
RETIREMENT INCOME
RETIREMENT OPTIONS
SAFETY NETS
SOCIAL ASSISTANCE
SOCIAL INSURANCE
SOCIAL PROTECTION
SOCIAL SECURITY
TAX RATE
WAGE GROWTH
WAGES
spellingShingle ACTUARIAL NEUTRALITY
ANNUITY
ANNUITY PROVIDERS
ANNUITY RATE
ANNUITY RATES
BENEFIT FORMULA
COMPONENTS
CONTRIBUTION INCREASES
CONTRIBUTION RATE
DEBT
DEFINED CONTRIBUTION PLANS
E-MAIL
EARNINGS GROWTH
EMPLOYMENT
FINANCIAL STABILITY
FISCAL POLICY
FISCAL SUSTAINABILITY
FORMAL SECTOR
FUNDED COMPONENT
FUNDED PENSION SYSTEMS
FUNDED PENSIONS
FUNDED SCHEMES
INFLATION
INTEREST RATES
INTERNATIONAL MONETARY FUND
INVESTMENT RETURNS
LEGISLATION
LIFE EXPECTANCIES
LIFE EXPECTANCY
LIFETIME EARNINGS
MANDATORY SAVINGS
NATIONAL INCOME
NOTIONAL ACCOUNT
NOTIONAL CAPITAL
PAY-AS-YOU-GO PENSION SYSTEMS
PAY-AS-YOU-GO SYSTEMS
PAYROLL TAX
PENSION
PENSION DEBT
PENSION FORMULA
PENSION FUND
PENSION LIABILITIES
PENSION PLANS
PENSION REFORM
PENSION REFORMS
PENSION RIGHTS
PENSION SYSTEM
PENSIONS
POLITICAL PRESSURES
PRODUCTIVITY
PUBLIC SCHEMES
PUBLIC SPENDING
REAL WAGE
REAL WAGES
REPLACEMENT RATE
REPLACEMENT RATES
RETIREMENT
RETIREMENT AGE
RETIREMENT INCOME
RETIREMENT OPTIONS
SAFETY NETS
SOCIAL ASSISTANCE
SOCIAL INSURANCE
SOCIAL PROTECTION
SOCIAL SECURITY
TAX RATE
WAGE GROWTH
WAGES
World Bank
Notional Accounts : Notional Defined Contribution Plans as a Pension Reform Strategy
relation World Bank Pension Reform Primer Series
description Notional accounts are designed to mimic a defined contribution plan, where the pension depends on contributions and investment returns. (For this reason, they are sometimes called notional, defined-contribution schemes). Pension contributions are tracked in accounts which earn a rate of return. However, in notional accounts, the return that contributions earn is a notional one, set by the government, not the product of investment returns in the markets.
format Publications & Research :: Brief
author World Bank
author_facet World Bank
author_sort World Bank
title Notional Accounts : Notional Defined Contribution Plans as a Pension Reform Strategy
title_short Notional Accounts : Notional Defined Contribution Plans as a Pension Reform Strategy
title_full Notional Accounts : Notional Defined Contribution Plans as a Pension Reform Strategy
title_fullStr Notional Accounts : Notional Defined Contribution Plans as a Pension Reform Strategy
title_full_unstemmed Notional Accounts : Notional Defined Contribution Plans as a Pension Reform Strategy
title_sort notional accounts : notional defined contribution plans as a pension reform strategy
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2005/01/6323988/notional-accounts-notional-defined-contribution-plans-pension-reform-strategy
http://hdl.handle.net/10986/11244
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