'Second pillar' (occupational) pensions:
Private supplementary plans
linked to an employment relationship. Contributions are made by employers and/or
employees, often with state support via tax advantages. These plans may be
mandatory or quasi-mandatory and commonly established via employment
contracts or by social partners in sector or profession based collective agreements.
Normally pre-funded.
'Third pillar' (personal) pensions:
Personal pensions, that is pre-funded
private voluntary supplementary plans in which contributions are invested in an
individual account managed by a pension fund or financial institution. They may
be tax-incentivised.
7-MAVZU: “DAVLAT PENSIYALARINING TURLARI, ULARNI
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