pension

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Related to Defined benefit: Defined benefit plan
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Synonyms for pension

Synonyms for pension

to remove from active service

Synonyms for pension

a regular payment to a person that is intended to allow them to subsist without working

grant a pension to

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References in periodicals archive ?
Further, there is a need to assess the current condition of defined benefit pension plans in Canada to understand the level of unfunded liabilities associated with these pension plans.
In accepting a professorship at the University of Pennsylvania, I also transited from the defined benefit pension plan of the bank to a 401(k) defined contribution plan at the university.
assets for defined benefit pension plans (table 7.21, line 30) and
These issues are clearly of concern to individuals who have been saving into defined benefit pension schemes and who may be in schemes which could struggle to meet their requirements.
Dedicated DB is focussed on providing defined benefit plans for high-income professionals, small businesses, and individuals with self-employment income.
Dedicated DB, which is based in Glendale, California, is the only national company focused exclusively on providing defined benefit plans for high-income professionals, small businesses, and individuals with self-employment income.
The offer - which will see Royal Mail present a choice between joining either a defined benefit cash balance scheme or a defined contribution scheme to the plan's 90,000 members - has also been extended to CWU members.
The main difference between a defined benefit scheme and a defined contribution scheme is in the way benefits are paid.
Cash balance plans will become even more popular as plan sponsors question whether defined contribution (DC) plans can facilitate retirement income like defined benefit plans do, according to industry experts.
Note: Even if your company already has a defined contribution plan such as a 401(k), it may be able to establish a defined benefit plan as well.
"It was imperative that the new rules recognize that the current law nondiscrimination testing regime encourages employers that have closed their defined benefit plans to new participants to stop accruing benefits for those grandfathered in the closed plan," said Annette Guarisco Fildes, president and CEO of the ERISA Industry Committee (ERIC).
Research from Close Brothers Asset Management shows large numbers of workers want to switch from defined benefit into defined contribution schemes so that they can access their savings how and when they want.
This fifth edition reference incorporates necessary updates and revisions to offer up-to-date, step-by-step guidance on the rules governing defined benefit pension plans.
Your small business clients are faced with the increasing likelihood of higher taxes in 2013 and beyond; those aiming to reduce the slope of the fiscal cliff next year will want to take a closer look at the benefits of a defined benefit plan.
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