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ASIA & PACIFIC ‐ Mandatory (Information valid at 01‐07‐2006): Australia

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Abstract:

In Australia, the term Superannuation refers to savings specifically dedicated to the provision of financial support in retirement. The term is preferred to pension for historical reasons (largely because of the long‐standing preference for lump‐sum benefits rather than income streams).

Document Type: Review Article

Publication date: September 1, 2008

oecd/16080289/2008/00002008/00000015/2108021ec059
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