Sentences with phrase «in defined benefit plans»

This program tracks trends in defined benefit plans (often relative to defined contribution plans) and includes analysis on cash balance and other hybrid plans.

More than 75 percent of teachers participate in defined benefit plan.

Usually if there is a funding shortfall in a defined benefit plan, the employer is solely responsible for making up the shortfall, although in some plans it is shared with employees.

Some divorce financial planners can handle the valuation of interests in a defined benefit plan easily and the discussion of the plan.

You do not have to accrue benefits in a defined benefits plan, and even if you decline to participate in that plan you are still covered with respect to the IRA rules.

The District pays the employer share of Social Security taxes for most employees (CSRS employees and employees in the defined benefit plans do not participate in Social Security) and the employer share of Medicare taxes for nearly all employees.

The first would allow current participants in defined benefit plans (for the small percentage of consumers that still have DB plans) to take their retirement savings in the form of an annuity plus a lump sum.

In a defined contribution plan (unlike in a defined benefit plan), there are no guarantees about the income you'll receive in retirement.

Workers accrue very little during the first couple of decades in a defined benefit plan, and instead accrue substantial pension wealth in their last years of service as they near normal retirement.

Yes, I know a few boomer couples who are fully retired, generally aided by long service in Defined Benefit plans.

For those who have their retirement in defined benefit plans, you may be surprised to find the following: «in March 2012, 29.8 % of the average large defined - benefit plan was invested in U.S. equity, 17.6 % in international equity, 30.3 % in U.S. fixed - income, 2 % in international fixed income, 3.2 % in cash, 4.5 % in real estate, and 10.2 % in alternatives, according to Asset Allocation Trends for Defined Plans.»

Defined contribution pension plans have been growing in popularity while enrolment in defined benefit plans has declined.

There are two great virtues in defined benefit plans: 1) Investing is handled by professionals.

Any funds in a Defined Benefit Plan such as a pension or a Defined Contribution Plan such as a 401 (k) or IRA are considered marital property if they were acquired during your marriage.

An employer may increase a member's pension by the granting of additional past service benefits to an employee in a defined benefit plan.

The primary difference is that a potential SSI recipient has access to the funds in a defined contribution plan, but a participant in the defined benefit plan has no access to the pension until attaining a specific age.

«In the defined benefit plan if you pack up at age 40 and go to another employer you usually lose,» says Malcolm Hamilton, a partner with Mercer Human Resource Consulting.

Defined Benefit Plans (including Cash Balance)- This program tracks trends in defined benefit plans (often relative to defined contribution plans) and includes analysis on cash balance and other hybrid plans.

Window Benefit - An additional or improved benefit in a defined benefit plan that is temporarily available to participants who terminate employment during a specified period, generally not exceeding one year.

If you do find that you are in a defined benefit plan, Salisbury recommends getting a copy of the plan description and asking a few questions: «Have you been mailing me a benefits statement that I haven't bothered to look at?

By contrast, nearly all public school teachers are in defined benefit plans, in which it is up the employer to put aside sufficient funds each year to finance the future benefits of active and retired employees.

For the remaining one - third of District employees who are in defined benefit plans, the District's pension plans are 100 - percent funded — that is, the city has set aside sufficient funds each year to cover the full cost of future retirement costs.

In defined benefit plans that are 100 % employer - funded, your employer shoulders all the risks involved in financing the plan and undertakes to make the payments no matter how the market performs.

In the old days, you're in a defined benefit plan and you're with IBM or the federal government and you sort of had the clock ticking, only eight more years, 45 days until my retirement and you would be free.

In a defined benefit plan, the obliger (the employer) assumes all market risk - whether the value of the funds goes up or down, they are obligated to pay the same amount to the retired employee.