A cash-balance pension plan can represent an opportunity for those who had previously over- looked one.
For business owners and professional groups, cash-balance pension plans might present an opportunity to maximize or catch up on their retirement-planning strategies, reduce taxable income, and take advantage of asset and creditor protection.
The Times also reported that "the cash to finance the buyouts will come from the over-funded portion of Tribune employees' cash-balance pension plan
The history of the development of the cash-balance pension plan is an indication of the advantages it brings to companies that adopt it.
Many features of the cash-balance pension plan resonate with today's changing workplace.
In the past, plan sponsors might have been hesitant to convert an existing traditional defined benefit plan into a cash-balance plan because many courts had ruled that these plans were discriminatory on the basis of age; however, PPA provides legal certainty for employers and plan sponsors that establish a cash-balance pension plan
by clarifying that they do not violate discrimination laws if certain conditions are met.
15 to reconsider a lower court's decision finding Xerox had paid out too little to former employees under its cash-balance pension plan
Despite the growing importance of cash-balance pension plans
in the private retirement system in the United States, we have little evidence on the characteristics of firms that are using these hybrid plans.
The Treasury Department has decided to delay issuing contentious regulations on cash-balance pension plans
until Congress passes legislation on them.
Controversial bills have been introduced in congress that would limit corporate use of cash-balance pension plans
, which many large companies have gone to, especially in the high-technology industry.