Factors Influencing the Participation in Defined Contribution Pension Scheme by the Urban Unorganized Sector in India
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چکیده
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Defined Contribution Pension Plans: Determinants of Participation and Contributions Rates
Records of 793,794 employees eligible to participate in 647 defined contribution pension plans are studied. About 71% of them choose to participate in the plans, and of the participants, 12% choose to contribute the maximum allowed, $10,500. The main findings are (other things equal) (1) participation rates, contributions and (most remarkably) savings rates increase with compensation; on averag...
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ژورنال
عنوان ژورنال: Journal of Global Economics
سال: 2016
ISSN: 2375-4389
DOI: 10.4172/2375-4389.1000176