Defined Contribution System – is it Always Better?
In the study author compares the two types of pension systems: defined benefit system and defined contribution system. While describing advantages and disadvantages of both of them, he pays attention to the features, that are often being left out (or ignored) by other authors. As a result, the defined contribution system is usually presented as relatively better than system with defined benefit. In conclusion the author proposes using the hybrid systems that take advantage of strengths of both systems.
Doktorant Uniwersytetu Ekonomicznego w Poznaniu
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