Collective Defined Contribution
http://dbpedia.org/resource/Collective_Defined_Contribution
Collective Defined Contribution pension schemes (CDCs) enable savers to pool their money into a single fund to share investment risk and longevity risk. Such schemes became popular in the Netherlands in the early 2000s. CDCs tend to have lower operating costs than smaller individual schemes. The CDC fund pays a monthly or annual pension income. Pension incomes vary depending on the funding level of the CDC.
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Collective Defined Contribution
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Collective Defined Contribution pension schemes (CDCs) enable savers to pool their money into a single fund to share investment risk and longevity risk. Such schemes became popular in the Netherlands in the early 2000s. CDCs tend to have lower operating costs than smaller individual schemes. The CDC fund pays a monthly or annual pension income. Pension incomes vary depending on the funding level of the CDC.
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3279