Sentences with phrase «feature of pension plans»

The annuity is the most distinctive feature of pension plans and generally comes in two types, immediate and deferred.

Summary Plan Description (SPD)- A document that a plan administrator must provide to plan participants (and beneficiaries receiving benefits) that describes important features of the pension plan in plain language.

If an individual contributes to NPS because its company joined the scheme, the features of the pension plan would be as follows:

Main features of these pension plans include flexibility, a substantial corpus at the end of term, and affordable premiums.

Not exact matches

A cash balance plan is an already - existing type of defined benefit pension plan that incorporates some features of a defined contribution plan.

2015.04.30 RBC Investor & Treasury Services Quarterly Survey: Global equities drive pension returns in Q1 During a quarter that featured falling oil prices, a Bank of Canada rate cut and uneven global economic data, Canadian pension plans generated positive returns for the seventh consecutive quarter...

During a quarter that featured falling oil prices, a Bank of Canada rate cut and uneven global economic data, Canadian pension plans generated positive returns for the seventh consecutive quarter...

That's not a bug — it's a feature of defined - benefit public - pension plans across the country.

An ensemble comedy about a group of wronged employees who attempt to rob the boss who took the money from their pension plans under the false pretense of investing, the movie does several things right — a talented cast, a deplorably matter - of - fact sociopath as a villain, and, above all, a dizzying setpiece of a robbery that features a 2,000 - pound car and three people dangling hundreds of feet in the air among them.

I instead undertook a simulation exercise based on: estimated workforce participation histories in a nationally representative dataset; and the features of Ohio's pension plan for teachers.

the «guaranteed benefit» is a (usual) feature of a particular pension; one could imagine the benefit being a percentage of the overall plan value — say something like a mutual fund.

Post-employment benefit increases — or cost - of - living adjustments known as COLAs — help to insulate retirees from the effects of inflation and are an important feature of most state and local government pension plans.

Some of the possible features for contribution and participation include allowing employees to transfer the value of their current pension plan to a new plan, to provide some portability.

Pension plans also have the feature of a joint life annuity especially in case of immediate annuity plans.

The following points will elaborate and explain the features of a basic pension plan.

A personal pension plan is a retirement plan in which individuals seek to plan for their retirement and get this secure and stable investment.The main features of HDFC personal plan are planned for the single life flexibility to choose investment flexibility to choose a premium paying frequency, assured benefits on maturity, choose the annuity option.

New Jeevan Nidhi plan by LIC of India is a traditional with - profits pension plan with a combo of saving and protection features.

A traditional pension plan which is individually endowed with non-linked features also protects the scheme from ever fluctuating and volatile conditions of the market.

Before investing in pension plans, knowledge of these key terms will help you understand the features of various pension plans and also help you make an informed decision.

What are the features of LIC Pradhan Mantri Vaya Vandana Yojana Pension Plan?