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by 2zcon 2342 days ago
You're not including the defined contribution retirement plans, which are a vehicle for investment.

N.B. I believe 'pension' ≡ 'defined benefit' is an American English thing, which may the source of the confusion. I, my employer, and my provider refer to my private, defined-contribution plan as a pension.

1 comments

Correct, we do have legal US definitions which makes pensions different than DC Plans.