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