Sentences with phrase «tbp plans»

Less desirable than either DB or TBP plans are DC plans, which are mostly self - directed by the employees who own them.

Not exact matches

• Tissue - based planning (TBP).

The feds prefer to see these DB plans slowly move to TBPs.

It would allow federally regulated private sector and Crown Corporation employers to offer a TBP to their employees, or to convert an existing DB pension plan into a TBP.

So if a funding deficit arises in a TBP (because of underfunding, or lower - than - expected investment returns, say), part or all of it can be compensated for by reducing accrued benefits to employees whereas a traditional DB plan would require the entire deficit to be funded by increased contributions on the part of the employer — the federal government (and by extension, the taxpayer).