Notional Defined ContributionDefined Contribution Schemes (NDCs) have been one of the major recent innovations for public social security schemes. The aim of this chapter is to present the logic behind NDCs and to study their main actuarial properties.

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Notional Defined Contribution Schemes

  • Pierre Devolder,
  • Sébastien de Valeriola

摘要

Notional Defined ContributionDefined Contribution Schemes (NDCs) have been one of the major recent innovations for public social security schemes. The aim of this chapter is to present the logic behind NDCs and to study their main actuarial properties.