TITLE

NEWS SUMMARIES

PUB. DATE
November 2007
SOURCE
Benefits & Compensation Digest;Nov2007, Vol. 44 Issue 11, p45
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This section offers news briefs related to compensation management in the U.S. The Pension Protection Act's funding rules for underfunded multiemployer plans give rise to unanticipated expenses. From year end 2003 to 2006, defined contribution plan assets expanded 26.5% to $3.29 trillion. Lifecycle funds are frequent investment options in pension plans, but they have not existed long enough to have a useful performance track record.
ACCESSION #
27452447

 

Related Articles

  • Who Offers Benefits? Eldredge, Bradly T.; Turner, Tyler K. // Montana Business Quarterly;Dec2005, Vol. 43 Issue 4, p18 

    The article presents the results of a pilot survey of private businesses in Montana that offer employee benefits conducted by the state's Department of Labor and Industry's Research and Analysis Bureau. Employers were asked about their retirement packages including defined benefit plans and...

  • 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....

  • Putting a Defined Benefit Plan in Place: A Top Ten Checklist. Cassidy, Dan // Benefits & Compensation Digest;Dec2004, Vol. 41 Issue 12, p24 

    Focuses on defined benefit (DB) plans. Number of defined contribution (DC) and DB plans since 1999; Reasons for an employer to sponsor a DB plan; Reasons for an employer to not offer a DB plan.

  • Type of scheme.  // Employee Benefits;Oct2006, Special section p9 

    The article provides information about the defined benefit scheme offered by several companies in Great Britain. It was found out in the survey that nearly half of the employers still provide a defined benefit plan for some or all of their staff. Meanwhile, defined contribution plans are still...

  • Savings grace. Wilkinson, Amanda // Employee Benefits;Apr2009, p23 

    The article reports on the initiative of employers to offer employees alternative financial benefits to meet their savings needs in Great Britain. The initiative was established in response to the changing perception of tradition occupational pensions in the country. Moreover, it notes the...

  • Rollover money to eclipse DB and DC plans' assets. Jacobius, Arleen // Pensions & Investments;3/31/2003, Vol. 31 Issue 7, p3 

    In March 1993, the Employee Benefit Research Institute, Washington, had predicted that there would be more money in private defined contribution plans than in their defined benefit counterparts in 2003 in the U.S. At the end of 2002, there was $2.1 trillion in corporate defined contribution...

  • Schwarzenegger pension revolt.  // Pensions & Investments;1/24/2005, Vol. 33 Issue 2, p10 

    This article discusses California Governor Arnold Schwarzenegger's proposal to move new public employees to a defined contribution plan and end, through attrition, public defined benefit plans in the state. In the short run, the move would cost the state more money to operate two systems,...

  • HR NEEDS TO RETHINK REWARD STRATEGIES.  // Employee Benefits;Nov2004, Special Section p6 

    This article focuses on the major shift witnessed in employers' attitudes to pension and benefit provision in Great Britain. There is an increasing tendency for employers to transfer risk and responsibility to the employee. Be it a move from defined benefit (DB) to defined contribution (DC)...

  • Benefits around the world. Taylor, Vicki // Employee Benefits;Feb2006, Special Section p8 

    The article reports on employee benefits offered in various countries. There is a need for flexible working to suit family needs in Great Britain. Defined benefits and defined contribution pension schemes are offered in the U.S. In Mexico, a mandatory Christmas bonus of 15 days base pay is given...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics