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This article proposes a notional defined contribution (NDC) mechanism to ensure pension mobility for the 150 million migrating workers in China during both the accumulation and drawdown phases. Planned governance would ensure independence from the three existing pension systems. An appropriately...
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Australia has an atypical retirement income system: it comprises a flat-rate, non-contributory, affluence-tested age … especially on the means testing of the first pillar in Australia and the mandated membership of pre-funded private pension plans …
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