NDC v FDC: Pros, Cons and Replication

12 Pages Posted: 22 Jun 2020

Multiple version iconThere are 2 versions of this paper

Date Written: September 13, 2011


This paper examines the advantages and disadvantages of non-financial defined contribution (NDC) pension plans relative to financial defined contribution (FDC) pension plans. It also shows how an NDC outcome can be replicated in a FDC framework.

JEL Classification: G22

Suggested Citation

Blake, David P., NDC v FDC: Pros, Cons and Replication (September 13, 2011). Available at SSRN: https://ssrn.com/abstract=3612349 or http://dx.doi.org/10.2139/ssrn.3612349

David P. Blake (Contact Author)

City, University of London ( email )

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