Those with 1 to 9 employees represent nearly half (48 percent or 3,805) of
cash balance plans.
While only a few established new defined contribution plans, several introduced plans that combine elements of DB and DC plans, including two states that recently established
cash balance plans.
The percentage of
cash balance plans among both large and small employers is increasing, and this second edition reference supports the trend with updates on regulations and court rulings, treasury and IRS concerns, and details on risk mitigation and management strategies.
In matters of a desirable
cash balance, there's no substitute for old-fashioned, tailor-made number crunching.
Although significant research work has been conducted on cash flow forecast, planning, and management, the objectives of most of research is to maximize profit/final
cash balance, or minimizing total project cost, or more accurately forecast the cost-in flow or cost outflow.
IN THE PAST COUPLE DECADES, MANY companies have converted their traditional pension plans to
cash balance plans in order to make benefits more predictable.
The company's
cash balance as of 30 June 2011 was USD790m, compared to a
cash balance of USD775m at 31 March 2011.
However, Treasury's
cash balance ran a deficit of 5.6 billion lira in January-April period, according to provisional statistics.
A unique retirement plan variation can grease the skids of an exit strategy and leave all parties in a win-win situation: the creative use of a special retirement hybrid known as a
cash balance plan.
In a pre-election economic and fiscal outlook report, the Treasury and the Department of Finance and Deregulation said that the underlying
cash balance, which excludes expected future fund earnings, will show a surplus of A$3.5 billion in 2012-13, slightly larger than the A$3.1 billion forecast by Treasurer Wayne Swan on July 14.
GAO analysis showed that the AWCF monthly
cash balance fluctuated significantly between fiscal years 2000 and 2009 and exceeded the maximum cash requirement prescribed by DOD regulation for 94 out of 120 months.
Despite this uncertainty,
cash balance plans remain a small spring of vitality in the defined benefit plan world.
