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3. Benefit payments and contributions to asset-backed pensions

Benefit payments and contributions to asset-backed pensions

Benefits represent one of the sources of outflows from pension plans while contributions are one of the sources of inflows. Benefits are payments made to plan members (or dependants) after retirement, and can take the form of a lump sum or pension. Contributions are payments that can be made to a plan by the sponsors or members.

Users can find the amount of benefits and contributions in several units (national currency, USD and as a percentage of GDP), as well as the split of contributions between employees and employers (in national currency, USD and as a percentage of total contributions) in this dataset.