Pensions and broader forms of retirementincome do not stop at national borders. As part ofglobalization, individuals increasingly spend part of theirworking or retirement life abroad but want to keep or movetheir acquired rights, accumulated retirement assets, orbenefits in payment freely across borders. This raises theissue of the portability and taxation of cross-borderpensions in accumulation and disbursement. This paperaddresses both portability and taxation issues from theangle of which type of pension scheme defined benefits (DB)or defined contributions (DC) is more aligned withglobalization in establishing individual fairness, fiscalfairness, and bureaucratic efficiency. The paper shows thatDC schemes tend to dominate DB schemes both at the level ofportability and taxation.