For the new defined-benefit
programs, premiums are to be paid basically by companies, but can also be paid by workers subject to their agreement.
plan assets were allocated 62% to equity, 28% to fixed income and 10% to other investments.
* Single-employer, multiemployer and multiple-employer defined-benefit
health and welfare plans should separately report benefit obligations, including postretirement benefit obligations, determined under Statement no.
* Unlike under defined-benefit
plans, annual premiums don't have to be paid into the government-sponsored Pension Benefit Guarantee Corporation.
There is anecdotal evidence that not all this activity is robust - for example, we are hearing evidence of target- ed sales operations seeking out defined-benefit
scheme members to persuade them to transfer.
Pentegra Retirement Services, a White Plains, N.Y.-based provider of retirement plans, is optimistic that the time is ripe to reconsider defined-benefit
A REPORT FROM the Employee Benefit Research Institute found that having a defined-benefit
plan at age 65 reduces the risk of retiring with inadequate income for boomers and Generation X workers by almost 12 percentage points.
Public pensions gained substantial attention due to the need for governments to contribute additional amounts to underfunded defined-benefit
pension plans when budgets were already constrained.
If I survive to retirement, I will receive a defined-benefit
pension for which I'm exceedingly grateful.
pension plans are consistently earning higher rates of return than 401(k) plans, according to an analysis released in February.
the treatment of economically equivalent defined-benefit
Midlands companies with defined-benefit
pension schemes are becoming more concerned about the impact it is having on their business, according to the annual PwC Pensions Survey.