Not exact matches
In principle, this
pension wealth represents the market value of the
associated annuity: it is the size of the 401 (k) that would be required to generate the same stream of payments.
What type of deferred compensation plan (and
associated pension wealth accrual) is the best way to recruit, retain, and motivate a high quality teaching workforce?
Hawaii's
pension system is based on a benefit formula that is not neutral, meaning that each year of work does not accrue
pension wealth in a uniform way until teachers reach conventional retirement age, such as that
associated with Social Security.