What is the funding status of corporate defined-benefit plans
While that's true, it is not necessarily a bad thing where defined-benefit plans
are concerned, because slowing the rate of return can actually save on taxes in the long term and stabilize market volatility in the short term.
With just 13% of credit unions offering their employees defined-benefit plans
, is a shift underway that could potentially open up the window for employers to increase participation?
We may as well scrap defined-benefit plans
because over time taxpayers will pay the same for public services either way.
The median annual rate of return for defined-benefit plans
averaged 10.13 percent compared with 9.06 percent for 401(k) plans from 1995 through 2007, according to consulting firm Towers Watson.
Fully insured, defined-benefit plans
are unique in the retirement planning arena because they have a higher tax-deduction limit than most plans.
This book examines how government policy makers can promote the financial security of occupational defined-benefit plans
, particularly those financed by pension funds.
* After 2007, the allowable deduction for contributions to defined-benefit plans
is the greater of the minimum required contribution under the minimum funding standards or the sum of the funding target, the target normal cost, and the cushion amount for the plan year.
The Act establishes a standard for all defined-benefit plans
that clarifies current law with respect to age discrimination under the Employee Retirement Income Security Act (ERISA) and removes the last impediments to adopting cash balance plans.
To defend defined-benefit plans
, NEA has built a Retirement Security Toolkit to help members understand the issues.
"Risk may increase if large defined-benefit plans
begin to struggle or fail, especially if the Pension Benefit Guaranty Corp.
When will the public realize that companies can no longer afford defined-benefit plans
and inevitably must switch to a defined-contributions plan?