OECD Issues Recommendations on the “Good Design of Defined Contribution (DC) Pension Plans.” Issued on February 23, 2022, according to the OECD, “the recommendations aim to assist in designing both occupational and personal pension plans in which retirement income depends on contributions paid, investment returns, and the way assets are paid out over retirement (defined contribution pension plans). They represent ten high-level policy principles to strengthen retirement income adequacy if retirees depend on a DC plan. They also recognize the differences between countries and allow for flexibility in implementation based on the legal, policy, and institutional frameworks.” Read related CRI blog post by Pablo Antolin.
