TITLE

Will cash balance plans survive?

AUTHOR(S)
Salisbury, Dallas L.
PUB. DATE
April 2004
SOURCE
Employee Benefit News;4/15/2004, Vol. 18 Issue 5, p48
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Provides information on defined benefit plans for U.S. employees. Controversy over the conversion from the traditional final pay defined benefit plan to an individual account cash balance plan; Goal of the Coalition to Preserve the Defined Benefit System; Challenges faced regarding substantial regulatory uncertainty; Implications of defined benefit plans for individuals with low to moderate incomes and little free cash for savings.
ACCESSION #
12853573

 

Related Articles

  • TAKE MEAN AIMS. Jones, Ceri // Employee Benefits;May2006, p54 

    The article discusses the significance of defined contribution (DC) pension schemes on employees in Great Britain. Most funds offered by DC schemes are based on equities, bonds or cash. The risk factors in investment styles of the employees include the fear of losing a fraction of the original...

  • Portability Success Is Worker-Related. Johnson, Tom // Risk Management (00355593);Apr90, Vol. 37 Issue 4, p20 

    When changing jobs, individual behavior may undermine the retirement security objective of private pensions, according to a recent report by the Employee Benefit Research Institute in the U.S. Workers whose retirement benefits are cashed out following a preretirement job change may lose...

  • Flat season.  // Money Marketing;7/10/2008, p37 

    The article reflects on the benefits of acquiring a pension. He states that his firm just initiated new staff benefit packages for two companies which pay the worker well and offer them pension plans. The author suggests that while there is a lot of misinformation about pensions, there is no...

  • New tools bolster DB plan value, appreciation. Sweeney, Kevin // Employee Benefit News;4/15/2003, Vol. 17 Issue 5, p32 

    Looks at the value of defined benefit (DB) pension programs particularly for employees seeking security in retirement in the U.S. Public perception of DB plans; Increase in the number of workers covered by DB plans as of April 15, 2003; Reason for the underappreciation of DB plans by employees.

  • ERISA is having growing pains at 30. Anderson, Tom // Employee Benefit News;6/15/2004, Vol. 18 Issue 8, p35 

    Reports on the challenges facing the Employee Retirement Income Security Act in the U.S. regarding defined benefit plans. Decline in defined benefits plans in 2003; Factors that influence companies to move away from defined benefit plans; Effect of benefit accruals on retirement savings.

  • The Global Outlook for Defined Contribution Versus Defined Benefit Pension Plans. Dent, Kevin; Sloss, David // Benefits Quarterly;1996 First Quarter, Vol. 12 Issue 1, p23 

    This article discusses the different plan characteristics of defined benefit and defined contribution pension plans, compares their major features and discusses their use in different countries. Cross-national trends are analyzed, with discussion of outlook for both types of pension plans. The...

  • What is a Pension Equity Plan? Green, L. Bernard // Compensation & Working Conditions;Oct2003, pN.PAG 

    Presents information on the pension equity plan, a defined benefit plan that provides an annuity or lump-sum benefit at the termination of a participant's employment. Manner in which the accumulated benefit of an employee is determined under a pension equity plan; Advantages of the pension...

  • Defined Benefit Versus Defined Contribution Plans: An Attempt at a Valid Comparison. Cowden, Jere L.; Loomis, G. Herbert // Benefits Quarterly;1986 Second Quarter, Vol. 2 Issue 2, p36 

    Attempts have been made to compare defined benefit plans with cash accumulation or defined contribution plans since their creation. Such comparisons are not simple and, in the authors' opinion, often are distorted due to lack of sophistication or possibly due to a desire to deliberately mislead....

  • The Lure of Stable Value.  // Pensions & Investments;8/5/2013 Supplement, Vol. 41, p13 

    The article discusses the increasing popularity of stable value defined contribution plans in the U.S. Topics covered include the benefits of participants from stable value especially those who are nearing retirement, use of amortizing mechanism in stable value plans and concern related to the...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics