Sentences with phrase «interests in a defined benefit plan»

Not exact matches

Companies with «defined benefit plans» are obliged contractually to set aside earnings in a special fund that will generate enough interest, dividends or capital gains to be paid out to a growing number of retirees.

My sense is that it is still mainly defined benefit pension plans that are interested in hedge funds and private equity, which are the focus of the Intel case.

Adjusted EBITDA is defined as net income / (loss) from continuing operations before interest expense, other expense / (income), net, provision for / (benefit from) income taxes; in addition to these adjustments, the Company excludes, when they occur, the impacts of depreciation and amortization (excluding integration and restructuring expenses)(including amortization of postretirement benefit plans prior service credits), integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the sale of a business, nonmonetary currency devaluation (e.g., remeasurement gains and losses), and equity award compensation expense (excluding integration and restructuring expenses).

But under the Employee Retirement Income Security Act, which sets minimum standards for defined benefit and defined contribution retirement plans, and the IRS code, which oversees IRAs, a fiduciary advisor would be prohibited from earning commissions on investments for those accounts because that would not be considered to be acting in the best interest of the client.

The root of this difficulty is that both sides in public - employee negotiations find it in their interest to reduce the wage portion of the overall collective bargaining agreement — which, in the case of the Chicago public school teachers, is quite high at over $ 75,000 per year — in favor of larger pension benefits under a «defined benefits» plan.

A lump - sum direct rollover distribution whereby all accrued benefits, plus interest and investment earnings, are paid from the participant's account directly to an eligible retirement plan as defined in s. 402 (c)(8)(B) of the Internal Revenue Code, on behalf of the participant;

I believe this phenomenon will manifest itself with people becoming less enamored with self - determination (like with 401 (k) plans) and more interested in old - fashioned defined benefit pension plans, where someone else does the heavy lifting of investment for you.

-- Lower interest rates lead to lower productivity — Lower interest rates lead to more risk taking — The big white elephant, aka the pension industry and unfunded liabilities in defined benefit retirement plans.

This is especially common with lucrative defined benefit plans and particularly emphasized by today's low interest rates (low rates mean higher payouts that are often more than what you can otherwise transfer to your locked - in RRSP).

With the decline of defined benefit (DB) pension plans, there has been some renewed interest in providing other annuity income options to American workers, but demand for annuities has remained low in the United States.

In addition, as fewer employees plan to rely on defined benefit (DB) plans for retirement income and fewer trust that Social Security will be there for them, the RCS found many employees are showing interest in guaranteed income productIn addition, as fewer employees plan to rely on defined benefit (DB) plans for retirement income and fewer trust that Social Security will be there for them, the RCS found many employees are showing interest in guaranteed income productin guaranteed income products.

Plans determine what a participant's monthly benefit payment would be if the participant's individual account balance in the defined contribution plan were used to purchase an annuity at retirement, based on standard assumptions for interest rates and the participant's life expectancy.

Cash Balance Plan - A defined benefit plan that states a participant's benefit in terms of a hypothetical account balance based on a formula using pay credits and interest credPlan - A defined benefit plan that states a participant's benefit in terms of a hypothetical account balance based on a formula using pay credits and interest credplan that states a participant's benefit in terms of a hypothetical account balance based on a formula using pay credits and interest credits.

Irda recently issued letters to all life insurance companies, seeking details on three types of traditional plans: those where death benefit is defined as a return of premium (with or without interest), products in which the initial death benefit is significantly high and reduces subsequently during the currency of the contract, and products in which insurance cover is insufficient / insignificant in relation to the premium, i.e. products mostly of the savings type.