noun
defined-contribution pension
A pension plan where contributions are fixed but future benefits depend on investment performance. Common in Japanese retirement planning contexts.
確定拠出型年金は、自分で運用方法を選ぶ必要があります。
With a defined-contribution pension, you need to choose the investment method yourself.
A defined-benefit pension, where future benefits are predetermined, unlike a defined-contribution pension where only contributions are fixed.
Compound of 確定 (fixed, definite), 拠出 (contribution), 型 (type), and 年金 (pension). A direct translation of the English financial term 'defined-contribution pension'.