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defined-benefit pension plan |
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| It elected to close out its defined-benefit pension plan, which it did in 2004, and roll out a new defined-contribution plan; that started with new employees, then 60-90 days later with the rest of the employee base. SAN Diego is the poster child of public defined-benefit pension plan abuse. The most common form of this stealth compensation is an enhanced version of the traditional defined-benefit pension plan called a |
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