Sentences with phrase «defined benefit pension plans»

Today, given that fewer and fewer people are receiving defined benefit pension plans from their employers, and that Social Security is only replacing about 40 percent of the average wage earners income, it is good to know that there are options for those who are over age 60 to supplement their income when their employer's paycheck stops.

And many employers who sponsor defined benefit pension plans will be pleased by this morning's Ontario government announcement about an entirely new framework for funding defined benefit pension plans, which will come into effect «in the coming weeks».

It has created considerable uncertainty over the priority status afforded to pension plan wind - up deficits, particularly in insolvency proceedings involving the plan sponsor, and the effects on availability of credit for all organizations that provide defined benefit pension plans for their employees.

Acted for a national employer in preparing defined benefit pension plans and defined contribution pension plans

Acted for different national employers in implementing «freezes» of their defined benefit pension plans

Read out summary of the proposed new funding rules for defined benefit pension plans registered in Ontario, and find out how your union can weigh in.

In the past few years, we have seen the passage of the Affordable Care Act, Medicare Part D and significant changes to the pension laws that affect the construction and administration of both traditional defined benefit pension plans and 401 (k) plans.

Assisted several clients in negotiating a withdrawal from defined benefit pension plans, both single employer and multi-employer

Our research program focuses on the role and value of defined benefit pension plans for employers, employees, and the public at large.

When 401 (k)'s were established by Congress, they were supposed to be a supplement to defined benefit pension plans, not a replacement.

You can find out if your pension plan is insured by searching our list of defined benefit pension plans.

Even if they do, it's a tiny pittance compared to how much employers were compensating employees back in the good «ol days with actual defined benefit pension plans for retirement.

They all work with IRAs, 401 (k), 403 (b), 457, SIMPLE, SEP, annuities, defined benefit pension plans, and all other similar qualified plans.

These exact same concepts and math can also be applied to the debate over when to start taking defined benefit pension plans and fixed annuities.

DBRS, the Canadian - owned bond rating agency, has seen the numbers following an investigation of 461 defined benefit pension plans in Canada, the U.S., Japan and Europe and is mightily concerned.

Yamada and Tretiakova observe what many aging Baby Boomers are coming to terms with: that the combination of rising life expectancy, minuscule interest rates and declining availability of employer - sponsored Defined Benefit pension plans is making boomer retirement an anxious proposition.

Q: My wife and I are both in our mid 30s and both have Defined Benefit Pension Plans (DBPPs) through work.

Endowments, defined benefit pension plans, and life insurance companies have those strong balance sheets.

As one of Canada's largest defined benefit pension plans, we are dedicated to providing retirement security to more than 339,000 healthcare workers in Ontario.

Ability to Set an Annual COLA Rate for Fixed Assets Like Defined Benefit Pension Plans and Annuitized Annuities

Sun Life Investment Management is a group of companies that provides investment solutions for defined benefit pension plans, insurance companies and other institutional investors across North America.

This trend is particularly concerning given the financial challenges younger employees will face in the future due to disappearing defined benefit pension plans and rising medical expenses.

401ks were not all that popular in the mid 80's; most companies still offered defined benefit pension plans

This is doubly so because, as Machin also pointed out, the general climate of retirement pessimism is exasperated by the fact «private sector defined benefit pension plans have virtually disappeared from the Canadian retirement landscape.»

A recent report by Vertias Research on the state of Canadian defined benefit pension plans included a list of companies with pensions portfolios that are the most affected by low interest rates and market volatility.

«With the private sector moving quickly away from traditional defined benefit pension plans, a shared risk model will be a terrific addition to Canada's pension landscape,» said CFIB president Dan Kelly.

Like Stelco and Nortel before it, thousands of pensioners of Sears Canada are experiencing firsthand what happens to corporate Defined Benefit pension plans when a business fails.

September 24, 1992 — Submission by Dallas L. Salisbury Before the Subcommittee on Oversight Committee on Ways and Means on the Effects of Underfunded Defined Benefit Pension Plans on Plan Retirees and Plan Sponsors (T - 87)

Both Trevor and his wife have Defined Benefit Pension Plans at work so he really doesn't believe he needs to take on any risk with volatile equities.

These regulations would affect participants, beneficiaries, sponsors, and administrators of defined benefit pension plans.

This document contains proposed regulations prescribing mortality tables to be used by most defined benefit pension plans.

I'd argue that the majority who ARE confident are probably the beneficiaries of employer - sponsored Defined Benefit pension plans, ideally the kind of inflation - indexed ones that many public servants enjoy.

Almost all of Canada's defined benefit pension plans are underfunded, according to a new report from the Certified General Accountants Association of Canada that was reported in Investment Executive.

While it's theoretically true that investors with defined benefit pension plans can take more risk with their investments, it is also true that they generally don't need to take as much risk (as they have a guaranteed income for life).

June 20, 2002 — Testimony by Dallas Salisbury for the House Committee on Ways and Means Subcommittee on Oversight Hearing on Retirement Security and Defined Benefit Pension Plans (T - 136)

March 21, 1983 — Statement by Dallas L. Salisbury on The Current Health and Future Prospects for Defined Benefit Pension Plans Before the Senate Committee on Labor and Human Resources Subcommittee on Labor (T - 10)

People are living longer, and fewer of them are receiving traditional defined benefit pension plans from their employers.»

These benefits are especially important today as fewer and fewer people are retiring with defined benefit pension plans.

Employer - sponsored retirement plans are divided into two categories of plans: defined benefit pension plans and defined contribution plans.

This does not count in state defined benefit pension plans and retiree healthcare.

There is a reason why banks, mutual funds, money market funds, life insurers, and defined benefit pension plans exist.

Defined benefit pension plans provide a right to a stream of income at retirement.

QDROs are used for 401 (k) s, defined benefit pension plans, and other accounts that are «qualified» under ERISA.

Yes, it's true that defined benefit pension plans — when the company you dedicated yourself to for many years would continue to pay a stream of income through your retirement — were helpful but are now largely extinct.

Defined benefit pension plans are becoming far less common, due to the high cost to employers.

This article assesses future retirees» ability to cover basic expenses throughout their retirement, given their present savings and projected savings through tax - qualified retirement plans, participation in defined benefit pension plans, and Social Security benefits.

As true defined benefit pension plans, Individual Pension Plans are federally regulated and are technically complex, requiring special expertise in set - up and administration.

«Those who are in defined benefit pension plans in Canada are in a good place relative to just about any other group.

I found it interesting to to read this Wall Street Journal article where public defined benefit pension plans are not fleeing hedge funds.

When I retire at age 65, I will then be collecting from two separate defined benefit pension plans.