This is what a defined-contribution pension plan
In 2011, Canada Post tried to force CUPW members into accepting a defined-contribution pension plan
for new hires.
In addition, the authors indicate that workers were more likely to reenter the workforce after retirement if they were younger, were in better health, or had a defined-contribution pension plan
The Roth 401(k) is a feature that can be added to a new or existing company-sponsored defined-contribution pension plan
, including traditional 401(k)s, safe-harbor 401(k)s, and 403(b) tax-sheltered annuities.
The losses resulted from a change in Japanese accounting standards regarding fixed assets and Nissan's introduction of a defined-contribution pension plan
, it said.
It also upheld the creation of a defined-contribution pension plan
, similar to the 401(k) plans that have gained favor with private employers, for PERS-covered employees hired after August 2003.
The award adopts the new enhanced defined-contribution pension plan
for new employees and provides current employees the choice--the same as for some other work groups and management--to move into the same enhanced defined-contribution plan or remain in their existing defined-benefit plan.
The airline and the pilots' union previously agreed to a new, defined-contribution pension plan
that will replace the old defined-benefits plan.
This structure mandates that every (formal sector) worker pay 10 percent of earnings into a privately administered defined-contribution pension plan
. System taxes are collected by a pension sales force of more than 19,000 agents; individual workers may designate a fund manager from among approximately 20 state-licensed and regulated fund managers who compete for the privilege of managing workers' investments.
Creating personal savings accounts or private accounts within the Social Security system would change it from a pay-as-you-go social insurance program to a hybrid with a defined-contribution pension plan
401(k) defined-contribution pension plan
during the current parliamentary session.
The defined-contribution pension plan
will be an alternative to the current defined-benefit pension plans, many of which are running at a loss.