NOMISMA

Funded system

積立方式 / funded-scheme — Institutions

A system where you accumulate and invest your own contributions, which you then receive later.

Assignat of 50 sols Assignat of 50 sols1793
A photograph for the related word “Pension”.

It is structured similarly to savings. The amount received is determined by the accumulated sum and investment performance. Most public pensions use a pay-as-you-go system, while funded systems are common for private pensions.